A Silver Lining to the Market Turmoil: A Great Time for Estate Planning
7 November 2008
Mayer Brown Article
7 November 2008 - There are actually some advantages to the recent market turmoil from an estate planning perspective. In fact, because of the low current value of assets and (hopefully) significant potential for future appreciation of these assets, there may never be a better time to transfer assets to children or others using a direct gift, a gift to a grantor retained annuity trust (GRAT), or a sale to a defective grantor trust.