Dohn The Infinite Wealth Strategist
The Spendthrift Trust & the Demand Note
December 28, 2022
If you've ever wondered about how you can get money from your spendthrift trust tax-free for your living expenses without taking a distribution, you've come to the right place. In this video, I explain what a demand note, is, how you sell your assets to the trust; how to establish a value on the sale of each asset, how to avoid triggering a capital gains tax event, and how to use the demand note to pay for '"food, fashion, & fun!"