Wealth Management Update (June 2010)
Mondaq Business Briefing › United States Law Articles in English (2010)
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Wealth Management Update (June 2010)
June Interest Rates Decrease Slightly for GRATs, Split Interest Charitable Trusts, Sales to Defective Grantor Trusts and Intra-Family Loans
The June applicable federal rate ("AFR") for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 3.2%, slightly lower than the March rate. The rate for use with a sale to a defective grantor trust, SCIN or intra-family loan, with a note of a 9-year duration (the mid-term rate, compounded annually), is 2.72%. This is als...See the full content of this document
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