An intentionally defective grantor trust (IDGT) is a tool used by estate-planning attorneys to freeze assets to reduce the grantor’s estate tax.
You’re a planner. You set out goals and you achieve them. You’ve got a comprehensive estate plan that includes a will, named guardians for your children, irrevocable trusts for your dependents, a health care proxy, and an advanced care directive.
But what will happen to your beloved pets if you pass before they do?
No problem. Just have your estates and trusts attorney set up a pet trust.
How Grandparents Can Double the Benefits of Their Estate Planning and Help Their Grandkids or Other Younger Beneficiaries in the Process
