Making Lemonade out of Lemons: Estate Planning Opportunities in a Low Interest Rate Environment

By Anna Katherine Moody and Emily A. Plocki

Anna Katherine Moody is counsel with Venable LLP in Washington, DC, practicing in the areas of estate planning and estate administration. Emily A. Plocki is counsel with Venable LLP and is a 2018-2020 RPTE Fellow (Trusts and Estates), as well as the Vice-Chair of the Business Entities Committee of the RPTE Business Planning Group.
Making Lemonade

Making Lemonade

(credit iStockphoto)

Although the current uncertain environment may—understandably—cause many persons to hesitate to engage in a substantial family gifting program, these economic conditions, such as the current depressed financial markets and historically low interest rates, present a unique opportunity for families to pass a significant amount of wealth to younger generations with minimal transfer tax exposure. Clients should review their balance sheets and discuss with their attorneys and financial advisors the planning techniques described below to determine which techniques may provide the most viable opportunity for the client’s particular circumstances.

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