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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At the risk of getting ahead of ourselves, @WSJ article discusses GOP healthcare vote & 2018 midterm election impact ow.ly/Jm7l30cTtsf
Yesterday from TheWashingtonUpdate's Twitter via Hootsuite
GOP debating merits of working w/Dem on budget deal. Need 60 Senate votes unless use CR! CR bad 2018 politics 4 GOP. ow.ly/kdnN30cQ7C2
About 4 days ago from TheWashingtonUpdate's Twitter via Hootsuite
Advisors report increased client anxiety re domestic politics. We offer solutions & guidance! ow.ly/CjzR30cQwZv @hartfordfunds
Healthcare bill: ow.ly/zm5z30cQ6Mi
Who will decide fate: ow.ly/NDbH30cQ6Wl
McConnell playing long game? ow.ly/yZ3L30cQ70f
GOP House & Senate plan comparisons side by side with ACA:
Importantly, can it pass Senate? ow.ly/GOg030cOBPV
About 5 days ago from TheWashingtonUpdate's Twitter via Hootsuite