How the Trump Family Avoided Millions in Estate Taxes | Estate Planning TV 057
Note: these are my show notes - a general outline of the episode. If you want all of the information, you MUST listen to the episode.
“Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.“
- Learned Hand
Before we get started, some ground rules.
First, this is not a political show.
Second, this is not a show about whether or not Trump is a good person.
Third, what we’re here to do today is look at the ways that Trump avoided estate taxes. We’re doing this for three reasons:
1. so you can learn a little about how estate taxes work;
2. so you can see the value in using a good estate planning attorney; and
3. I think it’s interesting, and this is my show.
Fourth, before we get into all of it I do want to point out one key factor that made a lot of this possible for the Trumps - they a
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