What is an 'Intentionally Defective Grantor Trust - IDGT ' An intentionally defective grantor trust IDGT is an estate planning tool used to freeze certain assets of an individual for estate tax purposes, but not for income tax purposes..
Related posts to intentionally defective irrevocable grantor trust
Generally, a defective grantor trust is an irrevocable trust for the benefit of children and/or grandchildren in which the grantor does not retain any income interest..
Copyright 2007, The Wealth Preservation Institute 1 Sales to Intentionally Defective Grantor Trusts IDGT A sale to an Intentionally Defective .
10 625.0204, "It has long been our position since before the adoption of Proposition 58 that one may be the present beneficiary of a trust even though current income .
Grantor trusts and intentionally defective grantor trusts become non-grantor trusts at the grantor's. A tax identification number for the trust must then be .