To minimize estate taxes, investors often transfer assets to an irrevocable trust. Assets transferred grow outside of the donor’s taxable estate, and thus pass to heirs entirely free of estate tax. But investment earnings in an irrevocable trust are subject to income tax at the highest tax rate. And that maximum tax rate has risen substantially in recent years. This white paper discusses how investors may reduce income taxes imposed on an irrevocable trust while still using the trust to reduce estate and gift taxes due . . .
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As we said yesterday, don't underestimate GOP self preservation re passing something-2018 election looms. ow.ly/pNlt30evPLI #taxreform
About 9 hours ago from TheWashingtonUpdate's Twitter via Hootsuite
Democrats struggle to find their message for 2018 & 2020 elections...more progressive or more centrist? ow.ly/Y1of30evPzp
Jeff appearing again tonight on CNBC's @bizrpt. Check you local PBS listings for times. #bannonout
Politics seen as biggest risk in driving market volatility per @EatonVance advisor survey. That is why we are here! ow.ly/TtlK30etYm2
About a day ago from TheWashingtonUpdate's Twitter via Hootsuite
Don't believe hype that biz leaders bailing on GOP agenda. Jeff on PBS Nightly Business Rpt @bizrpt Watch 2:59-6:04 ow.ly/mugP30etZlH