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September 2016 » 20 Questions on the Evolving Role...
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Peter A. Karl, JD, CPA, and Kurt Kauffman, JD, LLM (Tax)
In BriefAmerica is currently undergoing the largest wealth transfer in its history, as Baby Boomers begin to enter retirement and make provisions for their heirs. Given the higher tax rates recently enacted, the pitfalls of such arrangements abound, but many can be avoided through the use of tax-deferred annuities. The authors discuss the growing use of annuities to not only reduce and defer taxation but also as estate planning vehicles.
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