The Importance of Capacity Management.

The Importance of Capacity Management What is strategic capacity planning? Strategic capacity planning is the process of determining the right mix of resources (e.g., people, equipment, facilities) to support an organization’s long-term growth strategy. The goal is to ensure that the organization has the capacity to meet future demand and avoid any unnecessary surplus capacity. … Read more

What is an Irrevocable Income-Only Trust (IIOT)?

An Irrevocable Income-Only Trust (IIOT) is a trust that can only be used to generate income for the beneficiaries. The terms of the trust cannot be changed, and the trust cannot be terminated. The IIOT is often used in estate planning to protect assets from creditors and estate taxes. What happens to an irrevocable trust … Read more