13min chapter

SaaS Interviews with CEOs, Startups, Founders cover image

The Revocable Living Trust Cheat Code for SaaS Founders (Save millions on taxeS)

SaaS Interviews with CEOs, Startups, Founders

CHAPTER

Navigating Trust Strategies and Tax Benefits

This chapter focuses on innovative funding strategies for establishing a licensed trust company in South Dakota, addressing the necessity of raising five million dollars. It explores the financial advantages of irrevocable trusts, especially for entrepreneurs planning significant business sales, while detailing the tax savings through qualified small business stock provisions. The discussion also highlights the complexities of trust management, asset protection, and the impact of jurisdiction on asset ownership.

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