I don’t know where you are getting this information, but not much of it is true.
Re: “I don’t know where you are getting this information, but not much of it is true.”
Really?
I got all the benefit information from my brother, who just retired after teaching school in Arizona for 30 years.
I’ll tell him he doesn’t know what he’s talking about.
As to Walt’s $9 million cash for his son.....
Try depositing $10,000 in cash in your bank account.
You’ll be filling out forms for 5 minutes.
Try opening a Trust account or a stock brokerage account with $100,000 cash.
They won’t even talk to you.
Try buying a house or an expensive car or paying your rent in cash.
Good luck, unless they’re tax criminals.
First, most business people don’t want the security risk of cash.
Second, if the cash is dirty, like Walt’s cash, the government can confiscate every penny of it and charge you as a criminal accessory, or with money laundering, etc., etc.