EFTA00704012.pdf

From: Brad Wechsler To: [email protected] <[email protected]> Subject: Re: brad an article as per our conversation Date: Thu, 21 Apr 2016 22:24:14 +0000 I have more detailed info...can we speak... From: Jeffrey E. ([email protected]] Sent: Thursday, April 21. 2016 06:03 PM To: Melanie Spinella ; Brad Wechsler Subject: brad an article as per our conversation There can be no "additional contri butions" to a GRAT. This requirement poses no problem if a GRAT is created and funded on the same day with a single asset. However, it may not always be possible to transfer assets quickly or at a specified time, especially where the client wishes to contribute multiple assets to a single GRAT. If the IRS determines that the grantor has made one or more addi tional contributions, the trust will be dis qualified as a GRAT and the grantor will be deemed to have made a current gift of the trust assets (disregarding the grantor's retained interest) to the remainder benefi ciaries. To avoid this problem, be certain to cross each t and dot each i. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation®gmail.com, and EFTA00704012 destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved www.inax.com IMAMS) is a registered trademark of IMAX Corporation IMPORTANT NOTICE Information contained in this e-mail correspondence and any attachments is confidential information intended only for the use of the individual or entity named above. Any reader of this message who is not the intended recipient of this correspondence is hereby notified that any dissemination, distribution, copying or communication of the contents of this correspondence is strictly prohibited. If this e-mail was not addressed to you . please immediately notify us by phone in Canada at (905) 403-6500 (collect calls will be accepted) or by email at [email protected] and delete and destroy this correspondence inadvertently sent to you. Thank you EFTA00704013