What happens if there are changes in the tax law?
Tax deferral is an important retirement planning tool, and it seems unlikely that Congress would do away with it. However, it is possible that changes in the law could occur. If that were to happen, the Financial Advisor you select for the Trust would do his or her best to offer recommendations that minimize the impact of those changes. No matter what the tax environment, the child will be much better off with a RIC-E Trust than without one.
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- What happens if there are changes in the tax law?
