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7. The Grantor, age 70, is interested in removing an income-producing asset with significant appreciation potential from her estate. However, she also wants to retain
7. The Grantor, age 70, is interested in removing an income-producing asset with significant appreciation potential from her estate. However, she also wants to retain payments from this asset for a specific period of time but is concerned about inflation eroding her payments. Given these two objectives, which of the following estate planning strategies would allow her to accomplish both objectives? A. 10 year GRAT B. 10 year QPRT C. 10 year ILIT D. 10 year GRUT
7. The Grantor, age 70, is interested in removing an income-producing asset with significant appreciation potential from her estate. However, she also wants to retain payments from this asset for a specific period of time but is concerned about inflation eroding her payments. Given these two objectives, which of the following estate planning strategies would allow her to accomplish both objectives?
A. 10 year GRAT
B. 10 year QPRT
C. 10 year ILIT
D. 10 year GRUT
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