Crummey Powers – Still a Powerful Estate Planning Tool
The recent history of estate tax legislation demonstrates that the issue has become captive to political interests. There is no reason to expect an end to this situation. In this state of uncertainty, attention must be directed to techniques that ensure successful estate planning whether the estate tax exemption is $3.5 MM, $11.58 MM, or anything in between, or higher or lower. That’s why Crummey powers are still such a powerful and indispensable estate planning tool.