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mymonies

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mymonies

Re: 29YEARINVESTOR post# 42694

Wednesday, 08/30/2017 1:21:37 AM

Wednesday, August 30, 2017 1:21:37 AM

Post# of 96124
What is an 'Irrevocable Trust'
An irrevocable trust can't be modified or terminated without the permission of the beneficiary. The grantor, having transferred assets into the trust, effectively removes all of his rights of ownership to the assets and the trust. This is the opposite of a revocable trust, which allows the grantor to modify the trust.



Read more: Irrevocable Trust http://www.investopedia.com/terms/i/irrevocabletrust.asp#ixzz4rDGDaJLJ
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that means their shares are exempt from a RS
BMIX CEO did the same thing

just take profit on the way up and early (sleeping dogs in the bush here)
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