MOVE TO FLORIDA TO SAVE ON TAX??

Utilizing a trust can be an effective way to save on taxes. By transferring assets to a trust, you can potentially reduce your taxable income and avoid certain taxes.
Recently, Patrick Bet David moved to Florida to take advantage of the state's lack of income tax. However, moving isn't always necessary. By setting up a trust with the right structure, you can potentially achieve similar tax savings without having to uproot your life.
A trust can also provide additional benefits such as asset protection and estate planning. It's important to work with a trusted financial advisor or attorney to determine the best trust structure for your specific financial situation.#tax#trust#structure