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.
Rates of inheritance tax Rate Since its introduction on 15 March 1988, inheritance tax on death is taxed at 40% on the taxable value of the estate that exceeds the exemption. Lifetime transfers are taxed at 20% From 6 April 2012, there is a proposed 36% rate for estates where 10% has been donated to charity.