Many attorneys are doing a phenomenal job of scaring people into creating trusts. Truthfully, unless some unusual requests are to be made as part of your estate plan, very few people actually need trusts. If that is the case, then WHY do so many people have trust accounts as part of their estate plan?
Wall Street Steward Blog
Ok, let’s simplify this. Beta is “market return,” while Alpha is “value added return.”
This is one example of an idea that you should discuss in detail with your tax advisor. I do not give tax advice, nor am I a tax advisor.
For all of the outsiders that might be reading this, the southeast region was dubbed the “Bible Belt” due to its socially conservative political leanings and an extremely high Christian Church concentration. This area is home to me, and it has had quite an impact when it comes to how I view finance and how I disperse advice.
I do not give tax advice. Please seek the assistance of your tax advisor before making any decisions involving your tax situation.