Tag Archives: Tax Avoidance

Unlimited Marital Deductions – Some Other Things

In my previous post, I mentioned that leaving all property to the surviving spouse is not always the best or the only option available. This holds true even when potential transfer taxes are involved. Sadly, many legal, tax and estate … Continue reading

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Posted in Estate Planning, Estate Tax, Financial Advisors, Financial Planning, Gift Tax, Tax Avoidance, Taxes, Unlimited Marital Deduction | Tagged , , , , , , , | Comments Off

Unlimited Marital Deduction – Some Basics

Many individuals leave all of their assets to their spouses after death. Frequently, this is done in large part due to recommendations given by their advisors. The latter include lawyers, accountants and estate planners, among others. They all want to … Continue reading

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Posted in Estate Planning, Estate Tax, Financial Advisors, Financial Planning, Gift Tax, Tax Avoidance, Taxes, Unlimited Marital Deduction | Tagged , , , , , , , | Comments Off

Tax Avoidance Via Renunciation Of Citizenship

I haven’t even heard of Eduardo Saverin until around a few weeks ago. Now, I feel compelled to write a story about him. Well, not really about him. My little tale is whether or not his conduct qualifies him as … Continue reading

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Posted in Estate Planning, Exit Tax, Financial Planning, Politics, Ransom Tax, Tax Avoidance, Tax Evasion, Taxes | Tagged , , , , , , , | Comments Off

Income Tax On Distribution Of Pension Owned Life Insurance

Qualified retirement (or pension) plans may be able to purchase life insurance on the lives of their participants. Not all types of plans can do that. Those than can, must follow strict rules. Life insurance purchases must also be allowed … Continue reading

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Posted in Estate Planning, Financial Advisors, Financial Planning, Life Insurance, Pension Plans, Tax Avoidance, Taxes | Tagged , , , , , , | Comments Off

Tax Avoidance, Tax Evasion And Politics

Some of my readers wonder how could certain (very) highly ranked politicians equate tax avoidance with tax evasion. Indeed how could they? Anyway, let’s talk about it. Tax avoidance is as kosher as gefilte fish. Not only it is kosher … Continue reading

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Posted in Politics, Tax Avoidance, Tax Crime, Tax Evasion, Tax Quotes, Taxes | Tagged , , , , , | Comments Off

Living Trusts Save Taxes, Don’t They?

Nowadays, having a living trust is no big deal. Many consumers finally realize that living trusts are not just for the ultra wealthy or old. Some people get into living trusts primarily for one reason. Ironically, some folks also refuse … Continue reading

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Posted in Estate Planning, Financial Planning, Irrevocable Trusts, Living Trusts, Revocable Trusts, Tax Avoidance, Taxes, Testamentary Trusts, Trusts | Tagged , , , , , , , , | Comments Off