Dohn The Infinite Wealth Strategist
The Spendthrift Trust: Pros & Cons
October 23, 2022
If you've ever wondered what the Pros and Cons of a Spendthrift Trust is, you've come to the right place, although I doubt you'll hear the answer you're expecting. In this episode, I talk mostly about what the "Pros" are, like 100% lawsuit-proof asset protection, no capital gains taxes, & how it can convert ordinary income into permanently tax-deferred income for the trust. Finally, I reveal the "Con" that's worth waiting until the end of the episode to hear. Enjoy!