Risk Management & Asset Protection - Nicholls State University
Risk Management & Asset Protection - Nicholls State University
Risk Management & Asset Protection - Nicholls State University
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Irrevocable Trusts‣ Irrevocable Trusts‣Qualified Personal Residence Trust (QPRT)- Low <strong>Asset</strong> Value/Higher Interest Rates‣Intentional Defective Irrevocable Trust (IDIT) &Grantor Retained Annuity Trusts (GRAT)- Low <strong>Asset</strong> Value/Lower Interest Rates- Caveat: “Zeroed Out” GRATS‣ Irrevocable Life Insurance Trust (ILIT)- Protects Death Benefit from Creditors