In the too-good-to-be-true department of estate planning, it is sometimes possible to take a loan from a family trust or other entity controlled by the decedent and family members to pay estate tax and deduct the interest on the estate tax return. Such loans are very useful when the estate or trust needs liquid assets and money is available from other sources to pay estate taxes. (more…)
Filed under: Business, Estate Planning, Legal Topics, Tax Law | Tagged: Estate Planning, estate tax, Graegin loans, revocable trusts | Leave a Comment »










