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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
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Quote:
Originally Posted by Racerbvd
Hold it until your CPA sets up a trust for your trust check.. If you deposit it directly without taking steps, you will loose a large part to taxes..
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My thoughts exactly. You may not want the money in your name, but put it in a private trust or the like. If you need more help with this let me know. Not going to post much about this on the open internet.
No reason to give 50% of it to the govt unless you want to pay for everyone who is sitting on their azz all the time not looking for work.
Leland, BTW will be in Philly in 10 days-two weeks. Up for another dinner with Tim, Sniper and the usual suspects?
Joe A
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2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB
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