John Bunge, of Waller Lansden Dortch & Davis, LLP, has made available for download his article, “Updated IRS mortality tables will shift the economics of life expectancy-based estate planning,” published in JDSUPRA. The abstract is as follows:
It didn’t take long for surging interest rates to alter the economics of estate planning. This is particularly true for estate planning transactions that rely on the IRS’s published applicable federal rates, e.g., loans and installment sales. Also affected are split-interest trust transactions calculated using the IRS “7520” rate, e.g., grantor-retained annuity trusts, qualified personal residence trusts, charitable remainder trusts, charitable lead trusts, and more. Adding to the shifting economics from increasing interest rates, the Treasury Department’s recent publication of long-awaited proposed regulations will change the life-expectancy factors used in life expectancy–based estate planning.
Click here to see the full article: “Updated IRS mortality tables will shift the economics of life expectancy–based estate planning”
Posted by Will Frankenberry, Associate Editor, Wealth Strategies Journal.
Wealth Strategies Journal 