The Having Your Cake and Eating It Too (HYCET) trust allows moderately wealthy individuals to take advantage of the current estate planning election. Approved by the IRS and prmoted by Jeffrey Verdon, The HYCET trust allows the grantor to be a permissible beneficiaries. With the gift and estate tax exemption at $5,120,000, wealthy individuals with income between $1 and $10 million are uncertain...
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