Megan Ferkel Earhart recently authored an article in the Daily Journal, “A Gift That Keeps on Giving: Smart Estate Planning for Grandchildren.” The article outlines estate planning strategies that can help grandparents provide financial support to their grandchildren while minimizing taxes, protecting assets, and ensuring inheritances are distributed responsibly.
Megan discusses how a well-structured gift can reduce or avoid gift, estate, and generation-skipping transfer (GST) taxes, protect money from creditors and divorce, and prevent it from reaching young beneficiaries before they are ready.
You can read the full article in the Daily Journal here (subscription required).
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