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An intentionally defective grantor trust is a trust that attempts to shift the burden of taxation on the trust assets. Normally, the trust itself or the beneficiaries must pay taxes on the trust's income.An IDGT allows the grantor to be the "owner" of the trust for income tax purposes, but removes the assets contributed to the trust from the grantor's estate. An intentionally defective grantor trust (IDGT) is an estate planning technique that may benefit a practitioner's wealthier clients. Intentionally Defective Grantor Trusts provide wealthy families a powerful planning tool to maximize assets for the next generation. When a grantor transfers property to an IDGT, the grantor "freezes" that property's transfer date value for estate tax purposes. An IDGT benefits from the advantages of both types of trusts because it: Retains the character of a grantor trust for income tax purposes (i.e. An intentionally defective grantor trust (IDGT) is an estate planning tool that can help preserve your assets for your beneficiaries. The term "defective" in the trust's name refers to a requirement that the grantor will pay the trust's income tax during his or her life. An Intentionally Defective Grantor Trust or IDGT is an estate-planning tool that allows a trust beneficiary to separate the trust from estate tax treatment.
