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.

Checklist

• 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