Tax Planning 2

Definition of "Tax planning"

Arrangement of discretionary income, expenses, and investments in a way that enhances after-tax wealth. Insurance policies can be used to increase after-tax income through the tax-deferral features of cash value life insurance and to reduce estate taxes through the preferential tax treatment of the life insurance death benefit.

Have a question or comment? We're here to help.

*** Your email address will remain confidential.

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ