- The Spendthrift Trust And IRS Code 643(b) 14:53
If you’ve ever wondered why the Spendthrift Trust is 100% compliant with IRS Code 643(b), you’ve come to the right place, although the answers may not be what you’re expecting. In this episode, I show you the actual tax code and how it relates to the trust’s ability to not have to pay taxes on capital gains or passive income. Enjoy!
Hi I'm Dohn Thornton. I'm a Senior Trust Specialist, and a real estate investor. To put it in a nutshell, I help anybody not on a W2, legally reduce their taxes by as much as 97%, while getting 100% lawsuit-proof asset protection. I spent 20 years making lots of money in real estate; yes, it just caused me to pay more money in taxes.
After learning about this amazing "Ironclad" trust, this Non-Grantor, Irrevocable, Complex, Discretionary, Spendthrift trust, and how I was able to legally reduce my taxes to ZERO, I started telling people about it. I wrote 5 eBooks about it and started sharing them with people. Next thing I knew, I was getting interviewed on podcasts. But the coolest thing is that people kept sharing their stories with me, and asking me how they could get a trust!