<div dir="ltr"><div class="gmail_default" style="font-size:large">Heather, as I recall there is an alternative to granting Crummy powers--a window for the kid to make withdrawals when the kid attains age 21.</div><div class="gmail_default" style="font-size:large"><br></div><div class="gmail_default" style="font-size:large">Mark</div><div class="gmail_extra"><br><div class="gmail_quote">On Fri, Dec 11, 2015 at 12:55 PM, Heather deVrieze <span dir="ltr"><<a href="mailto:heatherd@westseattlelaw.com" target="_blank">heatherd@westseattlelaw.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;padding-left:1ex;border-left-color:rgb(204,204,204);border-left-width:1px;border-left-style:solid">
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<p class="MsoNormal"><span style="color:rgb(31,73,125)">Whether it has simply been too long since I have looked at this issue, or just Friday memory, I would appreciate some input from the group.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(31,73,125)"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(31,73,125)">Clients, young married couple with baby, have wealthy parents who want to contribute annual gift tax exempt amounts to grandchild, not in 529, or in Custodial account or similar, but into a trust. Grandparents
have asked young couple, my clients to establish the trust quickly so they can get this year’s exclusion gift in it.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(31,73,125)"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(31,73,125)">I’m not sure how to include Crummy powers when the parents are going to be the grantors and trustees but the baby is going to be the beneficiary and would appreciate any suggestions for how to make sure the gifts
to the trust qualify for annual exclusion.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(31,73,125)"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(31,73,125)">Heather<u></u><u></u></span></p>
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<p class="MsoNormal"><span style="color:rgb(31,73,125)"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(31,73,125);font-family:"Vladimir Script";font-size:16pt">Heather S. de Vrieze</span><b><span style="color:rgb(31,73,125);font-size:16pt"><br>
</span></b><i><span style="color:rgb(31,73,125);font-family:"Garamond",serif">Attorney-at-Law<u></u><u></u></span></i></p>
<p class="MsoNormal"><i><span style="color:rgb(31,73,125);font-family:"Garamond",serif"><img width="264" height="147" alt="cid:image001.jpg@01D013C2.30F35160" src="cid:image003.jpg@01D13413.2CA09740"></span></i><i><span style="color:rgb(31,73,125);font-family:"Garamond",serif;font-size:12pt"><u></u><u></u></span></i></p>
<p class="MsoNormal"><span style="color:rgb(68,82,78);font-family:Nyala;font-size:10pt">3909 California Avenue SW<u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(68,82,78);font-family:Nyala;font-size:10pt">Seattle, WA 98116-3705
<u></u><u></u></span></p>
<p class="MsoNormal"><span style="color:rgb(68,82,78);font-family:Nyala;font-size:10pt"><a href="tel:%28206%29938-5500" target="_blank" value="+12069385500">(206)938-5500</a>
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<p class="MsoNormal"><span style="color:rgb(31,73,125)"><a href="mailto:heatherd@westseattlelaw.com" target="_blank"><span style="color:rgb(68,82,78);font-family:Nyala;font-size:10pt">heatherd@westseattlelaw.com</span></a></span><span style="color:rgb(68,82,78);font-family:Nyala;font-size:10pt">
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<p class="MsoNormal"><span style="color:rgb(31,73,125)"><a href="http://www.westseattlelaw.com/" target="_blank"><span style="color:rgb(68,82,78);font-family:Nyala;font-size:10pt">www.westseattlelaw.com</span></a></span><span style="color:rgb(68,82,78);font-family:Nyala;font-size:10pt">
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