@originaldohnthornton: Most people are trapped inside structures that automatically create taxes. LLCs. Corporations. Personal ownership. The moment money flows in… taxable events get created. Then on top of that? Federal taxes. State taxes. Self-employment taxes. That’s why so many successful people still feel financially squeezed even while making great money. A contract law spendthrift trust changes the structure completely. No taxable events flowing through the trust. No state tax because the trust is not required to register with the state like LLCs / Corporations. Plus, the trust provides powerful lawsuit protection and far greater privacy because it is not publicly registered with the state. Same income. Completely different financial outcome. (Info purposes only; not a licensed tax, legal, or accounting professional) #taxdeductions #taxreduction #taxsavings
