8 – Minimize Taxation

Minimizing taxes is on everyone’s list: before, during and after
retirement! Tax-smart strategies encompass the kind of income
you receive, when it’s received, gifting (both lifetime and
testamentary), and “income with respect to a decedent”.

And don’t forget, tax laws change in Congress’ never-ending
pursuit to raise revenue.


Current income strategies
  • Tax-free municipal bonds
  • Capital gains
  • Charitable giving from appreciated assets
  • Charitable giving from IRAs as an offset to Required Minimum Distributions
  • Charitable Income and Remainder Trusts
  • Annuities
  • 1031 tax-free exchanges
Estate taxation
Lifetime giving to reduce taxable estate
Leverage federal and state exemptions
Stretch IRAs
Charitable bequests from IRAs vs. assets receiving a stepped-up basis