Intra-Family and Other Business Transfer Techniques
Free CFP Exam lesson in Estate Planning. 19 min read, ~2,787 words.
FLP discounts apply multiplicatively: lack of control times lack of marketability, not added together. Section 2036 claws back FLP assets if the transferor retains disproportionate income, commingles funds, or lacks a business purpose. IDGT sale produces zero income tax because the grantor trust is "invisible" for income tax purposes. SCIN...
Read the full lesson, free →
Worked examples, audio narration, and practice. No signup to read.
What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
- G.61
Browse all free CFP lessons or jump into free CFP practice questions.