Grantor Retained Annuity Trust
The Grantor Retained Annuity Trust (“GRAT”) is one of the leading wealth transfer techniques. It is ideal for clients who want to move wealth out of their estate without paying taxes, and it is a remarkably simple concept. Now may be the best time to incorporate a GRAT into your estate plan. A GRAT is a […]
Can a Non-U.S. Citizen Create an Estate Plan in the U.S.?
The United States has experienced a surge in immigration since 1970, and there are now approximately 45 million foreign-born people living in the United States. Some of them have become U.S. citizens, but many non-citizens live in the United States as well. In 2019 alone, approximately 1,031,000 foreign nationals obtained lawful permanent resident status.[1] It is […]
COVID-19 Highlights the Importance of Estate Planning
The severity of the COVID-19 pandemic should serve as a wake-up call to those who have been putting off creating or updating an estate plan. None of us know what tomorrow will bring, so for your own peace of mind and the benefit of your loved ones, it is important to stop procrastinating. There are […]