Life insurance is an excellent investment to protect yourself and your family. It is also very important from a tax point of view, as you can benefit greatly from it.
It allows you to grow your investments in a wide range of investment vehicles.
Don’t forget that life insurance is a very good tool for passing on your assets!
Tax optimization can be a complex topic, especially when it comes to families with children. If you’re going through a separation or divorce and have children, it’s important to understand the tax implications and opportunities available to you.
One way to optimize your taxes is to make use of the “splitting” option. This allows parents to divide the child tax credit and other child-related expenses between them. By doing so, both parents can benefit from the tax savings.
Another option is to consider the impact of alimony payments. In Luxembourg, alimony payments are tax-deductible for the payer and taxable for the recipient. As such, it’s important to carefully consider the amount and frequency of these payments to optimize your tax situation.
Lastly, it’s important to keep track of any child-related expenses that you incur throughout the year. This can include medical expenses, education costs, and childcare expenses. By keeping receipts and records of these expenses, you may be able to claim deductions and tax credits that can help optimize your tax situation.
Navigating tax optimization in the case of a separated family with children can be challenging, but with the help of an expert in tax planning, you can find the best strategy for your unique situation.
+352 661 11 22 60 
