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The Spendthrift Trust & High Earning W2 Employees

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Manage episode 353917074 series 3373033
Content provided by Dohn Thornton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dohn Thornton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
If you have ever wondered how a high earning W2 employee can save as much as 60% a year on their taxes, you've come to the right place, although the answer might not be what you're expecting. In this episode, I will walk you step-by-step, how you can reduce your taxes by as much as 60% by using a charitable trust, a 501c3 charity, and a beneficial (spendthrift) trust in concert. Not only will you be able to lower your taxes short-term, you can use a 85% of the donation to legally invest in long-term investments. Plus, by using your beneficial trust, you'll be able to keep 95% of the profit from the investments tax-free! Enjoy!
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120 episodes

Artwork
iconShare
 
Manage episode 353917074 series 3373033
Content provided by Dohn Thornton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dohn Thornton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
If you have ever wondered how a high earning W2 employee can save as much as 60% a year on their taxes, you've come to the right place, although the answer might not be what you're expecting. In this episode, I will walk you step-by-step, how you can reduce your taxes by as much as 60% by using a charitable trust, a 501c3 charity, and a beneficial (spendthrift) trust in concert. Not only will you be able to lower your taxes short-term, you can use a 85% of the donation to legally invest in long-term investments. Plus, by using your beneficial trust, you'll be able to keep 95% of the profit from the investments tax-free! Enjoy!
  continue reading

120 episodes

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