Chapter 29 - § 29.9 • CONCLUSION

• Jurisdiction: Colorado

§ 29.9 • CONCLUSION

As shown in this chapter, irrevocable trusts serve numerous purposes, including depleting one's estate by shifting assets to or for the benefit of lower-generation beneficiaries and thereby avoiding estate, gift, and generation-skipping transfer taxes. Charitable goals may also be achieved through the use of irrevocable trusts. These charitable trusts may also include non-charitable goals that benefit the grantor. As also noted...