Give beneficiaries a 30-day withdrawal right so trust contributions qualify for the $19K annual gift exclusion.
Gifts to a trust are 'future interests' and don't qualify for the annual gift exclusion UNLESS beneficiaries have a PRESENT interest. Crummey powers (from Crummey v. Commissioner) grant beneficiaries a temporary (typically 30-day) right to withdraw contributed funds. Even if they never exercise, the WITHDRAWAL RIGHT creates the present interest. Standard technique for irrevocable life insurance trusts (ILITs), dynasty trusts, and children's trusts to fund premiums or contributions using annual exclusion. Requires written notice each contribution.
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Multiply the $10M §1202 exclusion across multiple trusts.
4% corporate tax + 0% capital gains for bona fide residents.
Stack the $500K primary-home exclusion on top of a 1031 deferral.
Convert Traditional to Roth during sabbaticals or business-loss years.
Capitalize property taxes and interest on undeveloped land.
Deduct now, control forever, employ heirs.
Ordinary loss (not capital loss) on failed small biz — up to $100K.
Buy leveraged real estate inside your IRA — tax-deferred or tax-free.