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ARTICLE · 05 JUNE 2025

Wealth Management Update

Proskauer Rose LLP
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The June 2025 Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 5.00%, which is the same as the April 2025 Section 7520 rate.

United StatesWealth Management
Joshua B. Glaser
Joshua B. Glaser
Albert Gortz
Albert Gortz
David Pratt
David Pratt
Mitchell Gaswirth
Mitchell Gaswirth
Rachel J. Harris
Rachel J. Harris
Andrew Katzenstein
Andrew Katzenstein
Caroline Robbins
Caroline Robbins
Nathaniel Birdsall
Nathaniel Birdsall
Stephanie Heilborn
Stephanie Heilborn
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June 2025 AFRs and 7520 Rate

The June 2025 Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 5.00%, which is the same as the April 2025 Section 7520 rate. The May applicable federal rate ("AFR") for use with a sale to a defective grantor trust or intra-family loan with a note having a duration of:

  • 3 years or less (the short-term rate, compounded annually) is 4.00%, down from 4.05% in May;
  • 3 to 9 years (the mid-term rate, compounded annually) is 4.07%, down from 4.10% in May; and
  • 9 years or more (the long-term rate, compounded annually) is 4.77%, up from 4.62%
    in May.

IRS Notice 2025-23

The Treasury Department and IRS plan to remove Treas. Reg. § 1.6011-18, which had classified certain partnership related-party basis adjustments as "transactions of interest" (TOIs) starting January 14, 2025. The notice also withdraws Notice 2024-54.

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