Special powers of appointment: the key to flexibility in planning
Article Abstract:
The author discusses the estate and tax planning benefits of special powers of appointment. Tax issues associated with grants and exercises of such powers are discussed and the flexibility they provide is stressed as a primary benefit.
Publication Name: Estate Planning
Subject: Law
ISSN: 0094-1794
Year: 2000
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The LPA lid: a new way to 'contain' gift revaluations
Article Abstract:
The authors introduce a method of estate planning aimed at minimizing the risk of IRS gift revaluations for transfer tax purposes which utilizes a limited power of appointment held by trust grantors.
Publication Name: Estate Planning
Subject: Law
ISSN: 0094-1794
Year: 2000
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Developing valuation discounts to withstand challenge
Article Abstract:
The author describes valuation discounts for transfer tax purposes and discusses practical methods which will reduce the likelihood of successful IRS challenge.
Publication Name: Estate Planning
Subject: Law
ISSN: 0094-1794
Year: 2000
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- Abstracts: Final QTIP regulations provide flexibility in postmortem planning. Relation-back doctriine applied to annual exclusion gift checks
- Abstracts: A marriage of convenience: the credit shelter trust and qualified plan and IRA benefits. Avoiding a penalty on early distributions from qualified plans and IRAs
- Abstracts: A critique of recent opinions of the Federal Circuit in patent interferences
- Abstracts: Using electronic technologies in the administration of qualified retirement and welfare benefit plans. Correcting errant 403(b) plans - new IRS program