A
sale of a business or a gift
to a grandchild may have severe
tax implications. Transactions
such as these must be entered
into cautiously while considering
whether or not there are any
lurking taxes that might be
triggered. Many exciting opportunities
exist (using IRAs, life insurance,
etc.) to bring about desirable
results.
An
IRA Trust is an extremely
valuable tool which can turn
an IRA valued at $50,000 into
an income stream to a child
or grandchild that exceeds
$1,000,000. |