@originaldohnthornton: Golf memberships aren’t cheap. Initiation fees. Monthly dues. Dining minimums. Guest fees. Club events. And most people are paying for all of it with completely non-deductible money. So first they earn the income… then Uncle Sam takes a huge cut… then they pay for the country club with what’s left. But when country club-related expenses are paid through a contract law spendthrift trust for beneficiaries… those expenses become trust expenses that are tax deductible to the trust. And since you’re already spending the money anyway… why not run it through the trust first and create the deductions? Plus, the trust provides powerful lawsuit protection, far greater privacy, and no taxable events. Same country club lifestyle. Completely different financial outcome (info purposes only, not a licensed tax, legal, or accounting professional) #taxdeductions #taxsavings #taxreduction #countryclubchronicles

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