Dad buys stocks for $250,000.



It grows to $12 million.

If he sells, he will have to pay taxes on a gain of $11.75 million.

Instead, he puts it into a trust.

Takes secured loans.

Loans are not income.

So there are no taxes.

They are not taxed.

He lives off loans.

Never sells.

Dies holding the asset.

His children inherit a base amount of $12 million.

Tax authorities get $0.
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