So I just came across some information stating that you can have two trusts. Trust 1: Owns 90% of the business Trust 2: Specifically for the family (a family trust) The information pertaining to this particular structure is that trust 1 can donate all of the company’s profits (Liquid Assets) to trust 2 (the family trust) and this will keep all or most of the assets tax free. My questions are: 1.) Is this true? 2.) If yes, can someone run down the proper process to me because this changes everything I’ve learned.

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