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Saving state income taxes has become one of the most important goals for those of our clients who live in a state *Learn how a NING Trust works *Learn how to create a non-grantor trust for income tax purposes that is not a taxable gift for gift tax purposes. *Learn about the recent Private Letter Rulings approving the NING Trust technique *Learn why the trust must be set up in a self-settled asset protection trust jurisdiction and why Nevada is the leading jurisdiction *Learn how to explain this to clients in a plain-English stylewith a high state income tax. The IRS has recently approved NING Trusts (Nevada Incomplete Gift Non-Grantor Trusts) which are designed to save state income tax. The speaker will describe how this works and give many of the attendees a new technique that they made not already be using.
