Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor
A path that splits

Financial Planning > Trusts and Estates > Trust Planning

Vanilla Rolls Out Estate Plan Visualizer

By John Manganaro

X
Your article was successfully shared with the contacts you provided.

Vanilla announced Wednesday the launch of a new estate plan visualization and evaluation tool called Vanilla Scenarios.

The tool enables advisors to visualize potential federal and state estate tax mitigation strategies in real time, according to the firm’s announcement. Advisors can layer multiple strategies onto existing plans and customize the details of each strategy, including changes to their client’s state of residency or beneficiaries.

This approach to modeling allows advisors to showcase the potential impact of each scenario, the firm explains, providing clients with actionable insight and recommendations for meaningful planning improvements.

Advisor users of the tool will initially have the ability to layer a grantor retained annuity trust (GRAT), a spousal lifetime access trust (SLAT), an irrevocable life insurance trust (ILIT) and a qualified personal residence trust (QPRT) upon a client’s existing estate plan. More strategies will be added throughout the year.

The tool will further help advisors and clients visualize the potential impact of future events, such as the estate tax exemption sunset in 2026, the death of a spouse or the sale of a large asset on net beneficiaries and estate tax liability.

Credit: Shutterstock

John Manganaro

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.