Tax efficiency
A financial process is said to be tax efficient if it is taxed at a lower rate than an alternative financial process that achieves the same end. Passing one's assets onto one's heirs using a Grantor Retained Annuity Trust, for example, is potentially more tax efficient than simply letting the heirs inherit the assets directly.
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Tax efficiency
A financial process is said to be tax efficient if it is taxed at a lower rate than an alternative financial process that achieves the same end. Passing one's assets onto one's heirs using a Grantor Retained Annuity Trust, for example, is potentially more tax efficient than simply letting the heirs inherit the assets directly.
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A financial process is said to ...... s inherit the assets directly.
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A financial process is said to ...... s inherit the assets directly.
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Tax efficiency
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