Income taxes and transfer taxes are one of the largest causes of estate shrinkage to medium and larger size estates. Managing the tax consequences of investing can substantially increase your long-term investment returns. Whether you invest directly in individual securities or in managed investments, by employing tax-efficient investment strategies you can potentially reduce your current tax liability.

There are several tax plan strategies that can be implemented in one’s financial plan. Such strategies include but are not limited to the following:

• Income shifting to a lower bracket taxpayer.
• Obtaining a stepped up basis on real property and other assets.
• Deferral of capital gains taxation via 1031 real estate exchanges.
• Using tax efficient investments in the portfolio.