Tag Archives: beneficiary
Using Grantor Retained Annuity Trusts as Part of Estate Planning
There are a number of strategies that can be used in estate planning to reduce tax consequences. A grantor retained annuity trust (GRAT) is an instrument that can potentially allow a person to transfer wealth to the next generation with minimal or no gift tax ramifications. With interest rates as low as they are, now […]
What Estate Planning Steps Should You Take During a Divorce?
If you are married and have a will as part of your estate plan, chances are you named your spouse as the beneficiary to receive most of your assets after you pass away. If you do not have a will, Washington law provides that half of your marital assets will automatically pass to your spouse […]
