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.
Under existing tax laws, testamentary trusts and estates also pay taxes at graduated rates such that if the trust decides to retain its income in a given year instead of making its income payable to its beneficiaries, it pays taxes on that income at graduated tax rates.nder existing tax laws, testamentary trusts and estates also pay taxes at graduated rates such that if the trust decides to retain its income in a given year instead of making its income payable to its beneficiaries, it pays taxes on that income at graduated tax rates.