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Noah
@antibearthesis
❌🐻 Defeating bears one stock at a time. 💰 Turning falling knives into multibaggers. Not financial advice.
Joined June 2023
2.3K Following    27.7K Followers
Dad buys stock at $100K It grows to $6M If he sells, he owes tax on an $5.9M gain. Instead, he puts it in a trust. Borrows against it. Borrowing is not income. So no tax. He lives on loans. Never sells. He dies holding the asset. Kids inherit $6M IRS gets $0
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