3 ms·
Who says it's not going into a tax free foundation or some sort of trust? Don't assume he's paying taxes if there is a way to avoid.
by charlesdm 9y ago
Who says it's not going into a tax free foundation or some sort of trust? Don't assume he's paying taxes if there is a way to avoid.
- thinkling 9y agoIf you wanted the money to go to your foundation, you would donate the stock to the foundation and sell it there. If you sell it first and then donate the cash, I believe charitable donations are phased out as deductions above a certain income level. (Or maybe the AMT wipes them out?)