Prof. Mitchell Gans Publishes ‘Final Regulations on Estate Tax Inclusion for GRATs and Similar Arrangements Leave Open Issues’ in Journal of Taxation

Professor Mitchell Gans published an article in the Journal of Taxation, which analyzes recently promulgated regulations under section 2036 of the Internal Revenue Code. The focus of the article, as well as the regulations, is on the estate tax consequences of using so-called GRATs, a very popular estate-planning strategy. The article also considers the validity of a recent IRS ruling on the estate-tax implications of certain management accounts.