2704 Regs: GRAT Planning before the End of 2016-Practical Considerations

September 1, 2016

In late 2016 proposed regulations might have greatly reduced valuation discounts, one of the foundations for much estate tax minimization planning. The election of Donald Trump to President might have deferred or even eliminated the possibility of these restrictions being enacted. Some of the planning for discounts, and how estate planning techniques might be modified in light of these then possible change, might still have some instructional value.