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Now that their children have graduated from college, an empty-nester
couple in a high income tax bracket has become more concerned about
tax-sensitive investing.
A separately managed account, which allows the harvesting of taxable
gains and losses, may provide this couple with the ability to address their
tax situation. |
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Important Tax Information
Legg Mason, Inc., its affiliates, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties. Tax-related statements, if any, may have been written in connection with the "promotion of marketing" of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from any independent tax advisor. |
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