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Dad buys stock at $250K.
It grows to $12M.
If he sells, he owes tax on an $11.75M gain.
Instead, he puts it in a trust.
Borrows against it.
Borrowing is not income.
So no tax.
He lives on loans.
Never sells.
He dies holding the asset.
Kids inherit at a $12M basis.
IRS
时政
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twitter.com
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由
Mindset 🧠
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