[Verse 1] When you're wealthy and you're planning for the future of your kin There are strategies to help you minimize the tax within Life insurance trusts keep policies away from your estate ILITs protect your family when you meet your final date [Chorus] Plan it smart, plan it right GRATs and trusts will save the night IDGTs, QPRTs too Estate planning's here for you Before twenty-twenty-six Get your gifting strategies fixed SLATs and partnerships aligned Peace of tax-saving mind [Verse 2] Grantor retained annuity trusts can zero out the gift You keep the payments while your assets to your heirs will shift Intentionally defective grantor trusts sound like a mistake But you pay taxes while the trust grows for your family's sake [Chorus] Plan it smart, plan it right GRATs and trusts will save the night IDGTs, QPRTs too Estate planning's here for you Before twenty-twenty-six Get your gifting strategies fixed SLATs and partnerships aligned Peace of tax-saving mind [Verse 3] Your personal residence can go into a QPRT You live there still but future value transfers tax-free Family partnerships with discounts on the valuation Reduce the gift tax burden on your wealth's destination [Bridge] Charitable trusts give back while saving tax Lead trusts pay charity first, remainder comes back Spousal access trusts let your partner benefit While moving assets out of your estate's permit [Verse 4] Twenty twenty-six is coming and exemptions will decline From twelve point nine to five point four-nine million is the line So plan your gifting now while limits still are high Or watch your family pay more when you say goodbye [Chorus] Plan it smart, plan it right GRATs and trusts will save the night IDGTs, QPRTs too Estate planning's here for you Before twenty-twenty-six Get your gifting strategies fixed SLATs and partnerships aligned Peace of tax-saving mind [Outro] Eight techniques to save your wealth Plan them now for family's health Estate and gift tax planning done Your legacy's battles won
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