The beneficiary defective inheritor’s trust (BDIT) is a powerful estate planning tool that allows you to enjoy the benefits of a traditional trust without giving up control over your property. You can ...
While not precedent, 11 a couple of private letter rulings suggest how to structure a BDIT. In PLR 201216034 (April 20, 2012), a trust was established for a beneficiary, who was also the sole trustee.
A Beneficiary Defective Inheritor’s Trust, also known as a “BDIT,” is a specific type of estate planning trust. The purpose is to allow an individual who has a federal estate tax problem to maintain ...
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