R. Nicholas Nanovic of Gross McGinley. Courtesy photo Estate Planning in a High Inflation Environment
It is important to consider the economics of these strategies as interest rates change over time. What was a beneficial plan in recent years may no longer be ideal for a client, and conversely it may be worthwhile to explore strategies that did not make economic sense for clients during recent years.
February 04, 2023 at 04:29 PM
8 minute read
Trusts and Estates
Between 2008 and 2020, the inflation rate never rose higher than 3%. During that timeframe, clients were able to take advantage of estate planning strategies that utilized low-interest rates, such as grantor retained annuity trusts, sales to intentionally defective grantor trusts, and intra-family loans. Let's explore how effective these strategies remain with today's higher interest rates and whether it's time to reconsider strategies that have not been prominently used for over a decade.
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