Wealth Transfer Opportunities

The times are propitious for loans and gifts to younger generations, writes Jason Zweig in Wealth Transfer Via Bank of Mom & Dad. The column includes plugs for GRATs and IDGTs (Intentionally Defective Grantor Trusts).

"IDGTs (sometimes pronounced 'idjits') are often smarter than GRATs," writes Zweig, "because IDGTs move an asset out of your estate immediately."