Private Split Dollar Strategies For Tax-Busting Solutions: Strategies Using Intentionally Defective Trusts

Ironically, the U.S. Congress that initially imposed gift and estate taxation ALSO created alleviating rules allowing for Private Split Dollar strategies and other wealth-preservation planning methods, yet it seems as if the latter were implemented quietly and with a subtlety reserved for those with the diligence to look into the depths of the law to find them.

As a veteran advisor to some of the largest estates in the world, I took it upon myself, years ago, to study the rules and look fo...