An intentionally defective grantor trust is an estate-planning tool that is used to freeze certain assets of an individual for estate tax purposes, but not for income tax purposes. It is created as a grantor trust with a loophole that allows the trustor to continue paying income taxes on certain trust assets, as income tax laws will not recognize that those assets have been transferred away from the individual.
Because the grantor must pay the taxes on all trust income annually, the assets in the trust are allowed to grow tax-free, and thereby avoid gift taxation for the grantor’s beneficiaries. Thus, it is a loophole used to reduce estate tax exposure. This form contains some alternate provisions that the user may modify to suit the particular desires and needs of the grantor.
Oklahoma City Oklahoma Intentionally Defective Grantor Trust
Category:
State:
Multi-State
City:
Oklahoma City
Control #:
US-13409518
Format:
Word;
Rich Text
Instant download
Description
Free preview
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FAQ
Oklahoma City has many unique districts that define the city's culture and embody the Modern Frontier moniker. The National Stockyards is the world's largest feeder and stocker cattle market located in Stockyard City. OKC Facts & Numbers visitokc.com ? media ? okc-facts-numbers visitokc.com ? media ? okc-facts-numbers
Zip Code List County - Oklahoma County, Oklahoma Zip CodeCityCounty 73107 Oklahoma City Oklahoma County 73108 Oklahoma City Oklahoma County 73109 Oklahoma City Oklahoma County 73110 Midwest City Oklahoma County48 more rows Zip Code List County ciclt.net ? clt ? capitolimpact ? gw_ziplist ciclt.net ? clt ? capitolimpact ? gw_ziplist
Mother Nature has provided plenty of awe-inspiring locales all over Oklahoma and with 12 distinct eco-regions the variety of stunning scenery is incredible. #1 - Wichita Mountains Wildlife Refuge. ... #2 - Quartz Mountain State Park. ... #3 - Chickasaw National Recreation Area. ... #4 - Beavers Bend State Park.
8 Things Oklahoma is Known and Famous For Native American Heritage. Red Earth Festival. Chicken Fried Steak. Route 66. Tornadoes. Wind Energy. Oil and Gas Industry. Museums.
1. Oklahoma City National Memorial & Museum.
Oklahoma City has many unique districts that define the city's culture and embody the Modern Frontier moniker. The National Stockyards is the world's largest feeder and stocker cattle market located in Stockyard City.
Oklahoma City has many unique districts that define the city's culture and embody the Modern Frontier moniker. The National Stockyards is the world's largest feeder and stocker cattle market located in Stockyard City.
Explore what makes these industries thrive in Oklahoma. Oklahoma is 1st in rye production, 2nd in canola production, 5th in beef production and is home to a vast array of companies ranging from paper and packaging manufacturing to beverage production and fertilizer manufacturing.
Originally Answered: What's worth seeing and experiencing while visiting Oklahoma City? The Bombing Memorial but on a lighter side, Bricktown and the Riversports area is awesome and if you like Western the National Western Heritage Musuem. Lots of fun things to do here.
