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Derek Sivers did something like that, just before CD Baby got acquired: https://sive.rs/trust https://sive.rs/trust
by ValentineC 6y ago
Derek Sivers did something like that, just before CD Baby got acquired: https://sive.rs/trust https://sive.rs/trust
- javert 6y agoThank you, this is an interesting example. A Charitable Remainder Unitrust is a very specific thing. It does not make sense to create one unless you actually are charitably minded. If you look at it merely as a way to reduce taxes, you'd end up preferring to keep the money yourself (and pay taxes normally), because the amount you have available to spend is higher that way. Also, it can't be inherited.