Dohn The Infinite Wealth Strategist
The Spendthrift Trust & Massive Tax Reduction For S Corporations
April 13, 2023
If you have ever wondered how this spendthrift trust can help generate MASSIVE tax savings for an S Corporation, you've come to the right place, although the answers may not be what you are expecting. In this episode, I review the five pillars of the non-grantor, irrevocable, complex, discretionary spendthrift trust, what IRS Code 643(b) is, how the trust is 100% compliant with the tax code, and how the trust can help reduce the corporation's taxable income by as much as 95%. Enjoy!