Using Creative Trusts and Estate Planning to Minimize Taxation
On this week’s episode of Grow Money Business features Dohn Thornton. Dohn is a specialist in estate planning and joined us today to share his specific strategy to help business owners and real estate investors minimize taxation on their assets. Throughout the conversation, we cover Dohn’s background, the copyright story of the trust, the leaseback strategy, state taxes, and more.
[03.52] Dohn’s background – We start the conversation with a brief introduction to Dohn’s background.
[14.52] The copyright – Dohn and Grant discuss the copyright of the trust.
[25.25] Leaseback strategy – Dohn defines the leaseback strategy and explains how it works.
[35.51] Own expenses – Dohn and Grant discuss how the trust pays a third party in terms of the expenses of the trustee.
[44.31] State taxes – Dohn dives into how Internal Revenue Code Section 501(c)(3) relates to state taxes in the USA.
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Connect with Dohn
LinkedIn – linkedin.com/in/dohn-thornton-26863b184/
Website – dohnthornton.now.site/home