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Income Tax Planning Tag

How You or Your Trustee Can Use Trusts to Reduce Taxable Income Now

With the year-end approaching fast, now is the time to consider ways to reduce your 2014 income tax bill. In this issue you will learn:      How you can use charitable trust-based planning to reduce your taxable income; and       If you are the Trustee or beneficiary of an irrevocable, non-grantor trust (such as a Bypass Trust or Dynasty Trust), how you can use distributions, trust reformation, and investment shifting to reduce the trust’s taxable income.If you would like to learn more about these trust-focused, income-reducing strategies, please call our office at (714) 384-6580 today.Quick Review of...

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