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Estate & Gift Planning

The 2026 federal exemption is $15M per person, $30M per married couple. Above that, the transfer tax is 40%. The planning question is not whether to use the exemption but which assets to move, when, and through which structure.

Estate planning is asset location across generations. The core move is always the same: transfer assets whose future growth you expect to be high, so the appreciation happens outside your taxable estate. The structures differ in how much exemption they consume, who pays income tax on the assets, and how much control you retain.

We work alongside your estate counsel. We do not draft documents; we model the outcomes, stress the assumptions, and coordinate the investment side so the structure actually does what the plan intended.

The main tools, in rough order of how much exemption they use per dollar transferred: grantor retained annuity trusts (GRATs) at nearly zero, installment sales to intentionally defective grantor trusts (IDGTs) at a fraction of the assets moved, spousal lifetime access trusts (SLATs) and completed-gift non-grantor trusts at full value, and charitable lead annuity trusts (CLATs) where philanthropy is part of the plan.

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