How to Legally Reduce your Taxes using Trusts & Foundations?

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Today we are talking about How to Legally Reduce your Taxes using Trusts & Foundations?
These are the two potentially most powerful tools you can use in order to optimize your taxes. Unfortunately, they're also the least used and the least understood tools.

A trust separates the concept of ownership and benefits. Most people are used to the idea that the owner gets all the benefits of the company. In the case of a trust, the ownership is under the trustee, and the beneficiary is someone who is getting the gains.
This is a relationship between three parties - the settlor or the grantor, trustee, and the beneficiary.

Foundations are a similar concept - it's a company-trust hybrid.

The whole point of these tools is to divide the ownership and the gains. This can be quite complicated and needs to be done the right way, otherwise, you might make some dangerous mistakes.

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