Comment on the following items relative to tax planning

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Reference no: EM13129387

Comment on the following items relative to tax planning strategies of a fiduciary entity.

a. To reduce taxes for a typical family, should income be shifted to a trust or from a trust? Why?
b. To reduce overall taxes, should a high-income, wealthy beneficiary be assigned to the first or second tier of trust distributions? Why?
c. To minimize taxes, how should a trust treat the distribution of an in-kind asset?

Reference no: EM13129387

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Comment on the following items relative to tax planning : Comment on the following items relative to tax planning strategies of a fiduciary entity.

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