In the "Advanced Estate Planning Solutions: Responding to COVID-19" white paper, Husch Blackwell's Private Wealth team breaks down the three main factors that contribute to the current favorable conditions for generational wealth planning:
- Transfer tax exemptions
- Depressed asset valuations
- Low interest rates
In addition, the white paper contains a toolbox of estate planning solutions that are geared toward the current financial and economic conditions presented by the COVID-19 pandemic, including the use of Intentionally Defective Irrevocable Trusts (IDITs), intra-family loans, Grantor Retained Annuity Trusts (GRATs), and Charitable Lead Annuity Trusts (CLATs).
