Calculating efficiency over a period of time can identify opportunities to reorganize staffing, or add or remove employees based on the company's volume of business, and an individual employee's long-term productivity can factor into merit increases and bonuses.
While trusts avoid probate, they don't avoid taxes. A transfer from a revocable trust will be taxed the same way as a transfer made through a will. Someone who inherits money from a revocable trust receives it tax-free, but the estate might have to pay estate tax on everything that it contains before distributing it.
A trust created on death is currently taxed at the same rate as an individual while other trusts are taxed at the highest marginal individual rate of tax (from 39% to 54.8%, depending on the province in which the trust is taxed). trust created on death is currently taxed at the same rate as an individual while other trusts are taxed at the highest marginal individual rate of tax (from 39% to 54.8%, depending on the province in which the trust is taxed).