If you set up a trust or other investment vehicle for your child, that child could incur taxes at a rate much higher than anticipated. The Kiddie Tax was enacted to prevent parents from transferring investments to the name of their child or children to take advantage of that child’s lower tax rate. Read on to learn more.
Known for her ability to deliver well-crafted Estate Plans to clients based upon their lifestyles, professions, and other specific situations, including religious and cultural preferences, with a primary focus on helping them provide for the security of their loved ones, reduce estate taxes, and minimize the costs of probate, Ms. Saeed prides herself on the lifelong relationships she forms with each and every one of her clients.
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