ING trusts, also known as Incomplete Non-Grantor trusts, have gained popularity as a tax planning strategy for high-net-worth individuals. These trusts offer significant benefits, but recent scrutiny from the IRS and state tax authorities has raised concerns about potential risks.
Private fiduciaries can play a critical role in managing and protecting the assets of their clients. They also help ensure that their clients’ wishes are carried out after they are gone and their assets reach their desired beneficiaries.
Transferring real estate to future generations can be a complex process, often accompanied by significant tax implications. However, with careful planning and the right strategy, you can minimize the estate tax burden and efficiently pass on your real estate assets to your loved ones. One effective tool for achieving this goal is the Qualified Personal Residence Trust (QPRT).
When it comes to estate planning, one of the key considerations for many individuals is how to retain control over their assets while minimizing the burden of estate taxes. ING Trusts offer a compelling solution that allows you to achieve both objectives.
San Diego, CA - Centura is proud to announce that Derek Myron, the company's Managing Director, was featured in the recent wealth management roundtable organized by the San Diego Business Journal (SDBJ).