Trusts
topic on 3 shows · 4 statements across 4 episodes
My First Million 
Sourcery 
20VC
4 statements about Trusts, every show
Attorneys and CPAs ignore tax-loss strategies that rival complex trust structures
“Where I find that people have difficulty is you hire attorneys, right, and they're going to tell you everything about, or CPAs, about these trusts, but they're not going to have the knowledge
To compare that and contrast that to an investment strategy that gen…”
Del Buono: Founders can stack QSBS tax exemptions across multiple trusts
“So you can create several trusts. Each of those trusts gets the now fifteen million dollar exemption before it was 10. So you can do that. Married couples now can get both.”
Lemkin: Stacking trusts shields up to $50M per exit from federal taxes
“And frankly, you can stack it with trusts, like for me, it's probably 40 to fifty million per, because I have five trusts on this, so that means for each exit I get, fifty million has no taxes.”
Puri: Founders stack $10M QSBS tax exemptions using trusts for children
“So for example, what some people do, they have QSPS for themselves, but it's per tax return. So you could do it for yourself. You can create trusts for your kids and give each of them equity. And then each trust gets a ten million dollar exclusion in addition …”