A Common Estate Planning Technique Saves Taxpayers Money but has Cost the United States Billions
By EsqSocial Corporation 23/12/13
In 2000, the United States Tax Court in Walton v. Commission of Revenue, 115 T.C. 589 (U.S. Tax Ct. 2000) gave approval to the Grantor Retained Annuity Trust (“GRAT”), and since that time, the GRAT has saved taxpayers millions but has cost the United...
By: M. Robinson & Company, P.C.