Mr Cooper Group Inc (COOP)

[rainbow1111]

Yes, I understand. Personally I'm not concerned about the "locked" issue since I won't be flipping the shares.

This is a "damned if you do and damned if you don't" issue, also known as "heads I win, tails you lose".

It might be problematic to set up the trust and transfer shares quickly. I think the record date is coming up soon. But yes, your strategy may work.

The tax rate for a trust gets very high quickly unless you make timely distributions (take money out of the trust in the same tax year the trust has income). Income of over $11,350 is taxed at 35%.