ING, DING and NING trusts Article posted by Julius Giarmarco An ING trust is short for “incomplete non-grantor trust”; a NING trust is short for “Nevada incomplete non-grantor trust”, and a DING trust is short for “Delaware incomplete non-grantor trust.” These are trusts where a grantor residing in a high-income tax state transfers income-generating or appreciating assets to an irrevocable non-grantor trust in a state that will not subject the trust’s income and capital gains to state income taxes (like Nevada and Delaware). In the typical ING, the grantor is a beneficiary of the trust.
Is your income bucket plan an inflation trap? Article posted by Kevin Startt In the financial services industry we have been polarized between annuity advocates and the brokerage industry that has been trying for a decade or so to make indexed annuities a securities product. Thanks to the new ninth wonder of the world, back-casted compounding — I am slowly moving towards the camp of making this popular product a security.