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The Grantors Do Hereby Certify that Grantors Have Complied with the Requirements of the Smoke Form

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The Grantors Do Hereby Certify that Grantors Have Complied with the Requirements of the Smoke Form

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[Music] hi my name is Jeremy Greene director of advanced planning for CBS brokerage today I'm going to discuss a technique called the installment sale to an intentionally defective grantor trust or Egypt the technique is used with business owners who have federally taxable States who wish to transfer assets off balance sheet without the use of lifetime exemption for those of you in the wealth management business or who do high in life insurance work there will also be opportunities to demonstrate skill expertise and concern for clients while also generating new business so one of the things we want to cover really quick is why do sales versus a gift gifting is pretty simple right well any gift you know that you file any gift over 15,000 not to file a gift tax return anytime you the the gift tax return is filed any dollar above that amount reduces the lifetime exemption dollar-for-dollar when you increase the lifetime exempt or decrease the lifetime exemption you also increase t

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