Another Look at Mitt Romney’s Estate Planning Tactics: The “I Dig It” Trust
Mitt Romney and the “I Dig It” Trust
Yesterday, Bloomberg’s Jesse Drucker published a piece detailing Mitt Romney’s use of an Intentionally Defective Grantor Trust (IDGT or “I Dig It” Trust) to pass tens — or perhaps hundreds — of millions to his heirs free of estate and gift taxes.
sauce: http://www.withumwealth.com/knowledge/tax/mitt-romney-idgt