Dear Clients, Colleagues, and Friends,
In 2011, in response to the new $5M gift tax exemption, we introduced The HYCET Trust®. This trust allows you to reclaim the gift if you later need or want it back. The popularity of this trust has been nothing short of remarkable because of its multipurposes — flexibility, asset protection, and estate tax savings.
We have just released our new video on The HYCET Trust. Click here to view. Feel free to share this video with your CPA or financial advisor.
What is The HYCET Trust?
Ask yourself, wouldn’t it be great if you could make a gift and still reclaim the gifted assets if you need or want to? Well, you can with the “Have Your Cake and Eat it Too” HYCET Trust.
The HYCET Trust is the trust for today’s times. Since the estate and gift tax laws have now been made permanent, the right trust vehicle can help you make the $5.45M gift tax exemption in a way that your trustee can accommodate you should you have donor’s remorse, or later need or want to recapture all or part of the gifted assets. Conventional irrevocable gift trusts do not afford the donor the ability to reclaim the gifted assets once made. This is why you get to have your cake and eat it too!
We invite you to contact us for additional information on how you can protect your assets and legacy with The HYCET Trust.