Definition of "Tax planning"

Sujata Katikala real estate agent
Sujata Katikala, Real Estate Agent Florida Realty Investments

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.

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