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.
Inheriting an IRA. An IRA is included in the taxable estate upon the death of the IRA owner. As of 2011, an estate exceeding $5 million in total assets is taxed at a 35 percent tax rate for federal transfer taxes. This means a $1 million dollar IRA can lose $350,000 right off the top to estate taxes. However, an IRA with beneficiaries named directly on the IRA account does not go through the probate process .