Financial advisors looking to reduce the tax bills of wealthy clients living in high-tax states should consider incomplete non-grantor trusts.
INGs provide asset protection, but if they are established in no-income tax states such as Delaware or Nevada, they can avoid the grantor’s home state tax.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access