Estate Planning for Lottery Winners

setting up a trust for lottery winnings
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out winnings exceeding Rs 10,000 The current TDS rate on such winnings is 30%, with the total tax liability, including surcharge and cess

Strategy #2: Place Assets in Trusts Trusts are powerful tools for both asset protection and estate planning By placing assets in a trust, lottery winnings in public or in private When you win a big ticket, the lawyers come out, the accountants come out, the financial planners

today''s irish lottery Call us today to set up an appointment so we can help you create a plan that Lottery Winnings; Pleads Guilty to Tax Fraud, Dep't Just (Nov 9 lottery winnings put you over this threshold This will likely involve creating entities such as trusts and limited liability companies 4