Utilizing a Power of Appointment Committee in WINGS
By EsqSocial Corporation 26/03/21
As previewed in my blog post of January 25, 2021, Wyoming laws provide an opportunity to utilize a Wyoming Incomplete Gift, Non-Grantor Trust (“WING”) to potentially avoid state income tax on the sale of assets. My previous post outlined the basic rules that must be followed for the WING to work properly, and in this blog post I want to focus on the distributions by committee in a WING....
By: Holland & Hart - Fiduciary Law Blog