GRUTs

In June 2008, the Treasury Department adopted certain final regulations with respect to the application of Code Sec. 2036(a)(1) and 2039 to so-called “grantor retained interest trusts,” which include grantor retained income trusts…

Not infrequently, transfers or acquisitions of partial interests in property occur. In some cases, economic or business advantages will accrue by reason of such transfers or acquisitions. Occasionally, a favorable income or wealth transfer…