Structuring an estate plan that efficiently transfers your wealth to your loved ones while minimizing tax exposure can feel overwhelming. Grantor Retained Annuity Trusts (GRATs) may seem complex, but if you understand how to leverage this powerful tool, it may save you and your family a lot of money when it matters the most. This week, Mac and Jason discuss GRATs and how you can use them as a strategy for minimizing taxes while passing on your financial legacy to the next generation. You’ll learn how GRATs work and what the key elements are. They also share the benefits and potential risks of this estate planning tool, and why careful consideration of your broader financial goals is essential. Don't forget to subscribe for more practical advice from the SK team!
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