I’m drafting a BDIT. My client’s sister is the settlor of the BDIT and my client is the primary beneficiary. After the trust is funded and the 30 day withdrawal right lapses, the client is going to enter into an installment sale with the BDIT, using a secured note. An IDGT, which the client funded late last year, will guarantee client’s sale to the BDIT. This poses a few questions:
BDIT Drafting Options.
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