Publish Date: 
Monday, December 5, 2016

On December 2, 2016, Director Jennifer E. Smith presented at the Delaware Tax Institute.  Ms. Smith’s presentation, the Estate of Woelbing and the Future of Intentionally Defective Grantor Trusts, discussed the purpose and features of an Intentionally Defective Grantor Trust (“IDGT”), illustrated the characteristics of the IDGT that came under attack by the IRS in Woelbing, and provided insight into the Woelbing settlement and the key lessons for practitioners.  Download the PDF of Ms. Smith’s presentation.