September 9, 2022
Time to Revisit QPRTs and Split-Purchase Trusts?
Federal interest rates are on the rise, which opens new planning options for many individuals to consider. These federal interest rates are used to value retained interests for federal gift tax purposes. Specifically, the so-called IRC 7520 rate is equal to the mid-term applicable federal rate (AFR) times 120%, rounded to the nearest two tenths […]
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