Domicile Your Trust Assets in Florida
Whether you are a seasonal or permanent resident of Florida, or not at all, this tax-friendly State does not impose income, estate, gift, intangibles, or generation-skipping transfer (GST) taxes. Talk with us about whether Canandaigua National Trust Company of Florida is the better option for your trust planning.
Increase Your Contributions to Your Retirement Plan or IRA
By increasing your tax-deferred retirement contributions—even by as little as 1% of your biweekly income, you can significantly lower your taxable income by year-end.
Consider a Charitable Trust
Help an organization you are passionate about retaining some benefits for you and your family through a charitable trust. Receive your tax deduction now, and effectively postpone your gift to some date in the future.
Contact us at 585-419-0760 with any questions.