Dohn The Infinite Wealth Strategist
Spendthrift Trust VS LLC
October 2, 2022
If you've ever wondered about a spendthrift trust vs an LLC, you've certainly come to right place, although I'm 100% sure that the answers I'm about to give you are not what you're expecting. In this episode, I talk about how the Spendthrift Trust has amazing asset protection, while the LLC has only weak protection; how the trust and an LLC can work together to create amazing, legal tax reduction; and how IRS code 643 and the extraordinary dividend defers taxes in perpetuity for the trust. Enjoy!