Dohn The Infinite Wealth Strategist
The Spendthrift Trust & Capital Gains Tax Elimination
January 4, 2023
If you've ever wondered how the Spendthrift Trust completely eliminates capital gains taxes, you've come to the right place, although the answers may not be what you are expecting. In this episode, I do a deep dive into the trust and how its compliance with IRS Code 643 and other applicable codes eliminates any tax on the sale or exchange of capital gains. In other words, it's not a taxable event for the trust. I compare how this strategy is MUCH better than paying the taxes, or doing a 1031 exchange. Enjoy!