The Spousal Loan
A Spousal loan is a financial tool used to shelter income from tax by transferring income from a high tax bracket to a low tax bracket through a loan.
The benefits of using a spousal loan are:
- They shelter income from tax
- They can generate investment income to the couple
- They are relatively simple to set up
To receive additional information for how a Spousal Loan can fit into your overall financial plan, please contact us.