Do we have to take these GRAT, CRT, CLT, etc… to VolKovv status or is it safe to assume a summary will suffice? Is this more likely an AM type of question?,679293,725615#msg-725615

yeah… that material makes me nervous, especially after I read volkovv’s posts :slight_smile: lol I’m just going to know the basics of each ie: GRAT is a defective trust because the grantor can still pay the tax but it’s tax efficient in that valuation discounts are available if investments are coming from a LLC, Limited Partnership etc… Figure if I know the basics it should be good… I HOPE!