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.
Implications for Trust and Beneficiary. The trust is taxed on any income earned from investments or other assets, but payments to beneficiaries are deducted. Distributions to you and other beneficiaries in any year are taxed on individual returns.The amounts are reported along with other income.he trust is taxed on any income earned from investments or other assets, but payments to beneficiaries are deducted. Distributions to you and other beneficiaries in any year are taxed on individual returns. The amounts are reported along with other income.