Investment News has published an article titled "Wealthy Might Have to Kiss Their GRATs Goodbye" by Hillary Johnson. In her article, Johnson discusses how the Small Business and Infrastructure Jobs Tax Act of 2010 would make grantor-retained annuity trusts (GRATs) a less attractive tax planning strategy for wealthy individuals due to provisions in the legislation that "would impose a minimum 10-year term for the estate planning vehicles and would bar 'zeroed-out GRATs."
Posted by Wesley J. Bailey, Associate Editor, Wealth Strategies Journal.
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