Intentionally Defective Income Only Trusts (IDIOTs) are trusts that are designed to remove assets from taxable estate of senior generations to avoid future estate taxes.

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Brian T. Whitlock’s experience encompasses wealth transfer strategies for high-net-worth individuals, business succession planning and the meticulous handling of trust, estate and exempt organization administration and tax compliance. He also contributes his knowledge as an adjunct faculty member at the Northwestern University Pritzker School of Law.

Golan Christie Taglia, with 30 years of dedicated service, has consistently delivered successful outcomes while prioritizing top-tier quality and personalized attention for clients. With a diverse clientele, that includes entrepreneurial ventures, high-net-worth individuals, middle-market businesses and nonprofit organizations, GCT stands as a strong and trustworthy firm for its clients. Brian T. Whitlock discusses taxes.