Using DINGs to Help Reduce Federal Income Tax

Numerous articles have been written about using a Delaware incomplete gift non-grantor trust (DING) to help reduce the impact of state income tax.¹ What hasn’t been properly explored, however, is how a DING can reduce federal income tax. Exploring this aspect of DINGs also serves as a reminder that it’s important to take a holistic approach and not become overly concerned with a single aspect of a family’s tax position when making strategic wealth planning