Trusts and Estates
Ca. Trs. & Estates Quarterly 2023, VOLUME 29, ISSUE 2
Content
- TRUSTS & ESTATES QUARTERLY
- Chairs of Section Subcommittees
- Editorial Board
- Letter From the Chair
- Letter From the Editor
- Litigation Alert
- McLe Self-study Article Better Late Than Never, But Never Late Is Better: Analyzing the Timing of Certificates of Review For Gifts To Care Custodians
- McLe Self-study Article the Broad Array of Charitable Giving Vehicles Demystified
- McLe Self-study Article the Rise of the Revocable Trust In California
- McLe Self-study Article Where Agreements Won't Work - a Word To the Wise Regarding Strict Wage and Hour Liability and Related Claims
- What Attorneys Need To Know About a Client's Cognitive Capacity
- There's Nothing Defective About a Grantor Trust
THERE’S NOTHING DEFECTIVE ABOUT A GRANTOR TRUST
By Bruce Givner, Esq.* and Owen Kaye, Esq.*
I. INTRODUCTION
A. Client Meeting
John and Jane Smith meet with Eloise, their estate planning lawyer. John and Jane have an apartment building worth $30,000,000, not subject to debt. That, plus their other assets, means there will be a large estate tax on the survivor’s death.