Tax Avoidance on Big Win - IRA, Multi-Split?

seek14u — Sun, 20 Sep 2015 01:17:14 GMT

Wondered from time to time, the best way to keep the IRS out of a big hit, if ever so lucky.

Common instruction tells you to sign the ticket, immediately... thus, setting you up solely for all the taxes.

Rather, wouldn't it be better to see an attorney, pronto, prior to signing? Perhaps one who specializes in preserving family wealth?

Would it not be better to have some group set up to split the ticket taxes - be it a family corporation, whatever? Having them on the win-front side might... [ More ]