This handbook is a guide for attorneys using revocable grantor trusts in their clients’ estate plans.
The main focus of this essential handbook is the revocable grantor trust document and all the tools you need to use it in your clients’ estate plans, including determination of the taxable estate, planning for spouses and descendants, drafting marital deduction and credit-shelter provisions, tax aspects of trust administration, planning for incapacity, spousal elective rights, funding the revocable grantor trust, the standard revocable grantor trust, S corporations and Illinois revocable grantor trusts, and trusts by citizens or residents for noncitizen spouses (qualified domestic trusts).
Adam S. Garber, Levenfeld Pearlstein, LLC, Chicago
Chapter 1 — Overview of Revocable Grantor Trusts
Chapter 2 — Determination of the Taxable Estate
Chapter 3 — Planning for Spouses and Descendants
Chapter 4 — Drafting Marital Deduction and Credit Shelter Provisions
Chapter 5 — Tax Aspects of Trust Administration
Chapter 6 — Planning for Incapacity
Chapter 7 — Spousal Elective Rights
Chapter 8 — Funding the Revocable Grantor Trust
Chapter 9 — Standard Revocable Grantor Trust Agreement
Chapter 10 — S Corporations and Illinois Revocable Grantor Trusts
Chapter 11 — Trusts by Citizens or Residents for Noncitizen Spouses (Qualified Domestic Trusts)