Your managing director asks if you can participate in a seminar that the firm is doing on tax efficient financial planning. He would like you to send him in memo form the various types of vehicles that can be used by clients to reduce the various kindsof taxation.Prepare a memo to the managing director that explains the different vehicles available that can be used for each of the following:Concentrate on the vehicles not the strategies becauseanother of your colleagues will be summarizing those.In your own words please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.For assistance with your assignment please use your text Web resources and all course materials.