Dohn The Infinite Wealth Strategist
The Spendthrift Trust's Tax Strategies
December 25, 2022
If you've ever wondered what the amazing tax strategies that come with the Spendthrift Trust, you've come to the right place, although I'm pretty sure the answers are not what you are expecting. In this episode, I'm going to talk about how the trust is completely compliant with IRS Code 643; why the passive income is not a taxable event for the trust; why capital gains taxes are a non-taxable event for the trust; how the extraordinary dividend excludes pass income for the trust as taxable income, and how you can use the trust in conjunction with an LLC to produce massive legal tax savings for the LLC. Enjoy!