Interest Rates for Family Transactions Lowest Since 1952

Posted on September 22, 2011 in News

The Internal Revenue Service has announced that the applicable federal rate for family wealth transfer transactions for October 2011 will be 1.4%.  This new rate is a decrease of 0.6% from September’s rate and is the lowest rate since the applicable federal rate was created in 1952.  The October 2011 rate makes rate-dependent wealth transfer transactions, such as intra-family sales and grantor retained annuity trusts, highly attractive.

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