How do you payback borrowed money?
So if you transfer dividends is that income?
no when you die and you want to transfer your assets you have to pay for estate tax so you may not have to pay for income tax but estate tax would literally wipe out 50% worth of your asset so the best thing to do is to set up a trust fund so you can hide your identity and you can also set your trust fund into your insurance policy to legally transfer money into your trust without having to pay for any taxes not only that but you can also borrow money from your insurance and you won't even need to pay it back until you die
how can someone pass generational wealth down? i think of stocks, what if those stocks drop?
@AbandonedChannel44