You might think of the gift tax as the lesser of two evils for transferring wealth, with the other evil being the estate tax. Certainly, it can be cheaper to pay gift tax rather than estate tax, because of the gift...
A combination of tax-free gifts to grantor trusts and grantor-retained annuity trusts (GRATs) can be a powerful way to transfer wealth. Sophisticated quantitative modeling and capital markets forecasting demonstrate...
