This article was originally published on: Technology – Probate: From Precedent to Prediction: AI’s Impact on Estate Planning Strategies Summary The practice of trusts and estates law, characterized by its reliance on precedent, intuition, and tradition, is undergoing a transformative...
This article was originally published on: Incomplete Non-Grantor Trusts: An Effective Tax Planning Strategy | BDO Background The incomplete non-grantor (ING) trust is a self-settled, asset protection trust that provides income tax benefits to grantors residing in states with high...
If you expect a big capital gain or have meaningful portfolio income—and you live in a high-tax state—an Incomplete Non-Grantor Trust (ING) can be a powerful way to reduce state income taxes and add asset-protection benefits, without using lifetime gift/estate...
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