Scott Brown, Financial Advisor at Wealth Enhancement Group’s article “Tax Update: The Tax Advantages of Different Types of Trusts” was published by Real Assets Advisor.
Tax planning is one of the most critical aspects of financial planning, and this can be especially true when it comes to trusts. Each type of trust offers different tax advantages and potential drawbacks, and the tax implications of each trust class vary. Depending on your unique financial situation and specific goals, different types of trusts may be more or less appropriate.
This information is not intended as a recommendation. The opinions are subject to change at any time and no forecasts can be guaranteed. Investment decisions should always be made based on an investor's specific circumstances.
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