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Posts Tagged ‘tax planning’

Irrevocable Trusts: Living and Testamentary

A trust is a financial arrangement that allows a grantor (the creator of the trust) to transfer assets to a trustee (the manager of the trust) to hold for beneficiaries (the receivers of the assets). An irrevocable trust is, quite simply, a trust that cannot be changed or revoked once it is created. If you create an irrevocable living…

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Tax Planning is Best Left to a CPA

Tax Planning is Best Left to a CPA Certified public accountants are very commonly hired in a tax planning capacity. Most people do not have time to keep up with the constantly shifting field of tax law, but certified public accountants are up to date on the latest laws and regulations regarding taxes. As a…

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