2024 TAXES
Attention: Brokers & Financial Advisors whom have clients with Interests in the GWG Wind Down Trust.
Attention: Interest Holders in the GWG Wind Down Trust whom Purchased their investments through a Broker or Financial Advisor.
In the PDF file linked herein, you will find a summary Substitute Grantor letter for the period January 1, 2024 – December 31, 2024. The Substitute Grantor letter includes the gross income and expenses for GWG Wind Down Trust for the period January 1, 2024 – December 31, 2024.
The gross income and expense may be allocated to an individual interest holder utilizing the instructions below to arrive at the net interest calculation.
WDT Interests Classification Summary
WDT Interests Classifications: WDT Interests
Series A1 (formerly L Bonds) 1,618,517,956
Series A2 (formerly subrogated L Bonds) 56,627,578
Total WDT Interests eligible for income/expense allocation 1,675,145,534
For each interest holder whom holds an interest you may:
- Divide the respective interest holders’ interests in the GWG Wind Down Trust by the Total WDT interests, see above “WDT Interests Classifications Summary”.
- This pro-rata interest percent as calculated above, may be multiplied by the income and expense values presented in attached Substitute Grantor letter.
We advise you to seek advice from a tax professional as to the potential inclusion of these amounts in a Federal Income tax return.
Please note income amounts included herein do not constitute a distribution from the Trust.