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jsc52033

08/25/23 12:22 PM

#321 RE: A Dinosaur #320

I was told under the trust certain items can be used for necessites such as food health and shelter those go untaxed.
I have 3 corporations set up to hold all holdings except the home. Stock holders are family which was the original idea to traansfer
with out huge estate tax as we gifted over years. In a corp there are many ways to take out funds. Officer saary, dividends loans the laons can become the
burden of the estate which if propery planed will have less assets remainhg then the amount owed which becomes a default and therfore a tax loss for the corp.
These are what our CPA uses. Each tax year they decide how much we take and how much we borrow to keep both personal and copr taaxes lowest possib;le.
:last year corp paid 0 we did some and CCPA got $4500.