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ARTICLE · 01 SEPTEMBER 2021

Wealth Management Update

Proskauer Rose LLP
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Federal interest rates decreased slightly for September of 2021. The September applicable federal rate ("AFR") for use with a sale to a defective grantor trust...

United StatesWealth Management
Albert Gortz
Albert Gortz
David Pratt
David Pratt
Lindsay Rehns
Lindsay Rehns
Andrew Katzenstein
Andrew Katzenstein
Nathaniel Birdsall
Nathaniel Birdsall
Mitchell Gaswirth
Mitchell Gaswirth
Stephanie Heilborn
Stephanie Heilborn
Henry Leibowitz
Henry Leibowitz
Jay Waxenberg
Jay Waxenberg
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September 2021 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts

Federal interest rates decreased slightly for September of 2021. The September applicable federal rate ("AFR") for use with a sale to a defective grantor trust, self-canceling installment note ("SCIN") or intra-family loan with a note having a duration of 3-9 years (the mid-term rate, compounded annually) is .86%, down from 1.00% in August but up from .35% in September of 2020.

The August 2021 Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 1.0%, is down from 1.2 in August but up from .4% in September of 2020.

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