Message from @UOC

Discord ID: 343135750818234368


2017-08-04 20:45:36 UTC  

interesting. what area of law?

2017-08-04 20:45:37 UTC  

If I had fuck you money, I'd probably do something pretty similar. I'm really involved in energy policy in my state.

2017-08-04 20:45:41 UTC  

energy

2017-08-04 20:45:48 UTC  

tell you what

2017-08-04 20:45:53 UTC  

I would do it less hours per week that's for sure

2017-08-04 20:46:07 UTC  

if I get fuck you money (which I hope to, rather quickly in fact), I will seek out your services entirely on the basis of you being altright

2017-08-04 20:47:23 UTC  

haha

2017-08-04 20:47:39 UTC  

do you need a wind farm or solar array built?

2017-08-04 20:48:14 UTC  

you know I bet I could get spergs to donate to it as a nonprofit

2017-08-04 20:48:30 UTC  

do you know much about taxes and their evasion/avoidance/avoision?

2017-08-04 20:49:01 UTC  

if not, simply being able to tell me how to find the kind of lolyer I need would be a huge help

2017-08-04 20:49:03 UTC  

I know some about taxes and how to take advantage of legal tax shelters. I don't know anything about how to evade them without getting caught.

2017-08-04 20:49:53 UTC  

but I can't give you advice because I am not licensed to practice in your state.

2017-08-04 20:49:58 UTC  

basically the question I need answered is.... if I have an LLC or S-corp producing dough, and I want to move it to a trust and invest it in conventional assets, what's the most tax efficient way to go from A to B?

2017-08-04 20:50:18 UTC  

so far everyone says "that's a hard question, you need competent lawyers in that area," but I don't know how to even find them

2017-08-04 20:50:30 UTC  

so maybe you could point me in a direction

2017-08-04 20:50:51 UTC  

would be willing to use ovreseas options and even bitcoin

2017-08-04 20:54:27 UTC  

I would look for highly rated firms in your state that have a tax practice. If you want the best of the best, you're probably talking about firms like Skadden or Orrick or Akin Gump or Alston & Bird or something like that in LA.

2017-08-04 20:54:40 UTC  

But that's probably overkill for what you want.

2017-08-04 20:54:54 UTC  

firms with estate planning practices would probably also have the info you want

2017-08-04 20:58:58 UTC  

my guess is, and this isn't advice, is that they'll tell you to max out tax-sheltered investment vehicles like a 401(k) (which you can sponsor for yourself under a certain self-employment provision or as an LLC) and a "backdoor" IRA

2017-08-04 20:59:15 UTC  

You would then just pay income taxes on income you are paid from the trust

2017-08-04 20:59:37 UTC  

for which a certain deduction is available, iirc

2017-08-04 21:01:49 UTC  

taxes on capital gains in complex trusts gets into a level of specialization I don't have

2017-08-04 21:03:52 UTC  

S-Corp is a good idea since you seem to be funneling everything into long term investments, but you would want to check on how your state treats S-Corps because it varies a lot and some just treat them as regular old C-corps

2017-08-04 21:04:14 UTC  

I see

2017-08-04 21:04:40 UTC  

I do not consider 401gay to be a tax shelter

2017-08-04 21:04:51 UTC  

Are you an actual lawyer @UOC

2017-08-04 21:04:56 UTC  

yes

2017-08-04 21:04:57 UTC  

retirement accounts are no good for me unless they are going to provide me a tax advantage on paying my bills from them at age 31

2017-08-04 21:04:57 UTC  

Or just a fag

2017-08-04 21:05:02 UTC  

Oh cool

2017-08-04 21:05:02 UTC  

lawfag

2017-08-04 21:05:21 UTC  

I will take your advice though

2017-08-04 21:05:27 UTC  

just look up tax lawyers from l33t practices

2017-08-04 21:05:51 UTC  

How much money are you playing around with

2017-08-04 21:05:59 UTC  

Out of curiosity

2017-08-04 21:06:13 UTC  

If you want to pay out of accounts at 31, don't use the common tax sheltered stuff. But depending on what you want to pay for, Roth IRAs have some pretty good provisions for like first time home purchases

2017-08-04 21:07:09 UTC  

But IRAs and 401(k) are still a good idea because they're capped relatively low. You don't really miss out on much by contributing the 21000 total or whatever it is now, and it's a good long term hedge

2017-08-04 21:07:22 UTC  

because it's pre-tax it would lower your effective income

2017-08-04 21:07:58 UTC  

lowering your effective income is the name of the game in tax these days