Features - Strategies for Income with Respect to a Decedent - The tax-deferral strategies used to plan for retirement might also, upon death, leave beneficiaries liable for taxes on income with respect to a decedent (IRD). To maximize total savings, financial planners must consider a broad array of techniques and balance financial objectives.
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|Authors:||McGorry, Mark W.; Lassar, Stephen D.|
The CPA journal. - New York, NY : New York State Soc. of Certified Public Accountants, ISSN 0094-2049, ZDB-ID 8606109. - Vol. 71.2001, 1, p. 28-35
More on Income in Respect of a Decedent - Retirement plans are the preferred vehicles to build nest eggs, but at death, the tax deferral comes home to roost. The savings can be subject to both estate and income taxes. The authors of last September's article on avoiding this double whammy explore some additional ways to maximize the savings of high-net-worth individuals
Lassar, Stephen D., (1998)
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