Woebling case on “intentionally defective grantor trusts”

In a post updating the status of the Commissioner v. Woebling, Bob Keebler summarizes the strategy behind intentionally defective grantor trusts, why they are used, the IRS’s attack strategy, and presently applicable strategies to reduce the risk of having such planning set aside.  No doubt the Woebling case informs taxpayers that the IRS will continue to use every strategy it can to eliminate use of effective and substantive strategies relied on honest taxpayers as a method of defeating the heavy hand of government taxation.