Multiple Asset Locations for Personal Investors

Summaries

The reason to have multiple asset locations is to minimize the taxation. Any investors will eventually realize the gain of the investment, or transfer the assets to heirs or donate the assets to charities. According to the purposes, investment assets should have different locations (accounts) so to minimize the taxation.

The followings are the measures to characterize different accounts:

1)      The life of the asset (Terms)

2)      Whether the grantor retains access?

3)      Whether the grantor retains control?

4)      Whether the asset can be devaluated (discounted)?

5)      Does it help to minimize tax?