Title
GRATS and GST Planning?Potential Pitfall and Possible Planning Opportunity
By
Edward M. Manigault and Milford B. Hatcher Jr.
Description
GRaTs and GST PlanningPotential Pitfall and PossiblePlanning OpportunityBy Edward M. Manigault and Milford B. Hatcher Jr. Many clients have GST exemptions that exceed their lifetime gift tax applicable exclusions, especially because the maximum GST exemption (currently million) presently exceeds the maximum gift tax exclusiio of million. The excess can increase as clients make taxable gifts that are not GST transfers, and it will continue to grow when the GST exemption increases to .5...

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