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Dynasty Trust

This post was originally published on this siteAs the name suggests, a dynasty trust allows individuals with significant wealth to provide for multiple generations of descendants. Typically, a dynasty trust is (a) structured to last the maximum term permitted by law...

What Is a 529 Plan? A Guide to Its Benefits

This post was originally published on this site529 plans are tax-deferred savings plans designed to help pay for college expenses. Here’s more about these plans and how they can help you achieve your financial goals. Getty If you’re fretting about the...

The Alternative Minimum Tax (AMT)

This post was originally published on this siteWhen it comes to federal income tax, there are few subjects capable of causing as much confusion as the AMT. The Tax Cuts and Jobs Act substantially increased the AMT exemptions and exemption phaseout thresholds for 2018...