Archive for December 18th, 2007

18 12 2007

Do Living Trusts Save Taxes?

Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog Carnival

American citizens and residents (and even some non-residents) have unwanted partners. They come in the form of federal, state and local bureaucrats. They always need the money. This money can be squeezed from partners known as taxpayers.

We must pay income taxes when income is generated. Making substantial gifts to others may lead to gift taxation. Estate (death) taxes may come into play when your property is passed to heirs after death.

In today’s America, taxes ar (more…)

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