irrevocable trust
3 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Aug 22, 2024 by Alessandro Chesseri · across every show →
Everything said about irrevocable trust, oldest first
Aug 22, 2024 neutral
Aug 22, 2024 positive
Founders can transfer wealth by paying rent to trust-owned homes
“If the trust buys real estate, they can rent to live in that real estate. So they're not directly connected. So for example, like, let's say I have my daughter I'll create an irrevocable trust for my daughter. I'll use the proceeds of sale to buy a house. I'll…”
Aug 22, 2024 positive
Founders can multiply $10M QSBS exemptions using multiple irrevocable trusts
“And so for federal taxes, if you want to save more money on federal taxes, what you do is you create a revocable trust and you gift your shares to your children or to your spouse or to your relative, your brother. And each of those trusts that you create gets …”