District Court Rules Signing Advances To Physicians Are Current Wages
The other thing that makes me less than enthusiastic about plans like this, besides them not actually working, is that you end up with somebody having phantom income hanging over his or her head. Presumably in year five when they have to pay the piper, they are a little more settled. Still it would kind of drive me crazy.
Does IRS Hate Cats ?
If you are thinking of making a large bequest to a small charity, you might want to consider whether they have the infrastructure in place to deal with it. It may be that if Mr. Campbell had left money to a community foundation with instructions to support the small charities, more would have ended up with the cats.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.