Capital Beneficiary Archives

Income Beneficiary vs. Capital Beneficiary: Understanding the Differences and Tax Implications

May 16, 2024
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Accounting, Investments, Trusts

When it comes to trusts, understanding the roles of income beneficiaries and capital beneficiaries is essential for effective estate planning and wealth management. These two types of beneficiaries have distinct rights and tax implications, which can significantly impact the distribution…

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Income Beneficiary vs. Capital Beneficiary: Understanding the Differences and Tax Implications

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