WIKILORD

Rare card

Intentionally defective grantor trust

Value
50 W
Attack
738
Defence
591
Players
0
An Intentionally defective grantor trust is a tax avoidance scheme sometimes used to reduce estate taxes in the United States. It works as follows: The grantor creates a trust The grantor transfers investment assets into the trust, but retains the power to "reacquire the trust corpus by…

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