LexisNexis® Legal Newsroom
When Assets Given to a GRAT Decline in Value

Sometimes estate plans fail to address the possibility that assets will drop in value. In this Analysis, Andrew Katzenstein and Stephanie Zaffos discuss what happens when this occurs in the context of a grantor retained income trust (GRAT) and propose a potential remedy for this problem. They write:...

When Assets Sold to an IDIT Decline in Value

Sometimes estate plans fail to address the possibility that assets will drop in value. In this Analysis, Andrew Katzenstein and Stephanie Zaffos discuss the effect of an asset value decrease in the context of a sale to an intentionally defective irrevocable trust (IDIT) and propose a potential remedy...