Blind trust to stay anonymous

Reply #16

BuyLow — Sun, 25 Aug 2019 14:14:56 GMT

This guy https://www.panouseslaw.com/ recommends a claiming trust. The trust would claim, the attorney would be listed as the beneficiary and then the trust would immediately be shut down and the winnings transferred to another Trust, LLC, or whatever you want. Sounds easy and anonymous.

Just remember DO NOT SIGN THE TICKET as that would make this impossible.

Reply #15

Rexer90 — Sun, 25 Aug 2019 04:41:33 GMT

Any reason not to transfer all the assets to a new trust a month after winning close the original trust down

Reply #14

mikeintexas — Mon, 19 Aug 2019 16:57:27 GMT

Then again, Saul Goodman started his practice in the back of a nail salon .

Reply #13

mikeintexas — Mon, 19 Aug 2019 16:54:52 GMT

I guess the words, Skirt the IRS rules was a bit vague.

Yes, but those of us who aren't consistently contentious or obnoxiously obtuse knew what you meant.

Reply #12

music* — Sat, 17 Aug 2019 17:37:03 GMT

As you can tell I am not a lawyer. I do not pretend to be one.

I am exercising my freedom of speech.

A person in legal, business, politics has to be careful of what they say or do.

I guess the words, Skirt the IRS rules was a bit vague.

I do not know much about family trusts and was just adding to the conversation.

Reply #11

KY Floyd — Sat, 17 Aug 2019 04:53:06 GMT

Besides the dubious strategy of waiting 10 to 20 years, I've got a suspicion that a lawyer who would suggest that their client skirt IRS rules might not be acting in the best interests of their client.

Reply #10

Stack47 — Sat, 17 Aug 2019 02:30:01 GMT

Or find a lawyer that suggest possible ways to skirt the IRS rules on gifting . Michael Avenatti might be available in 10 to 20 years.

Reply #9

music* — Fri, 16 Aug 2019 22:26:44 GMT

A family trust may be worth looking into.

Possibly with ways to transfer funds to family members and skirt the IRS rules on gifting.

Reply #8

Artist77 — Wed, 14 Aug 2019 22:41:50 GMT

Remember if you are in a non anonymous state, (assuming trusts or LLCs are off the table), your attorney cannot simply claim for you. You=your attorney. Lottolucy mentioned a while back that she spoke to someone at the Ohio lottery who referenced using blind trusts. I still think these non legal lottery people do not realize that any trust should suffice. I do not recall a reference to a blind trust in my research on all the states. A blind trust would be reckless unless you know you cannot cont... [ More ]

Reply #7

KY Floyd — Wed, 14 Aug 2019 05:32:23 GMT

One of the best things you can do to make sure you've got a lawyer who's going to look out for your interests is to find one that tells you that a blind trust is not what you want.

Reply #6

Stack47 — Wed, 14 Aug 2019 04:15:37 GMT

A blind trust is a type of irrevocable living trust in which the trustee has full authority to invest trust assets, and the trust beneficiary has no right to know what property is owned by the trust.

Even for anonymity, I wouldn't give up control of a 401K much less millions from lottery winners. Blind trusts are not for everyone.

Reply #5

garyo1954 — Tue, 13 Aug 2019 04:31:01 GMT

Paco's tacos, Bail Bonds, and Attorney Shop may be a little sketchy too

G

Reply #4

Cincigal — Tue, 13 Aug 2019 02:06:18 GMT

Thank you

Reply #3

music* — Tue, 13 Aug 2019 00:39:38 GMT

Besides Jason Kurland the lottery lawyer out of Long Island, NY there is a lawyer near Chicago, IL

His name is Andrew Stoltman. Even though he recommends the Annuity he did represent the winner from New Berlin, Wisconsin. Who chose the Lump Sum. The winner is named Manuel Franco a 24-year-old who is now set for life.

You can find more info. here at Lottery Post using the Search box and on YouTube.

Reply #2

CDanaT — Mon, 12 Aug 2019 13:15:22 GMT

Hire Jason the lottery lawyer.......... He's a spotlight kind of person. Not the type to cheat you out of your

Reply #1

mikeintexas — Mon, 12 Aug 2019 04:16:28 GMT

I guess there's a chance of being cheated in nearly every legal move you make in life. There are lawyers who specialize in handling lottery winner's publicity and money, so maybe they're worth the fees they charge. An online search can point you in the right direction and a few LP members have left links to some in previous threads and maybe they'll share them again.

I'd just try to steer clear of any counselor who hangs up a shingle that says something like: Law Office and Bait Shop of U.... [ More ]

Blind trust to stay anonymous

Cincigal — Mon, 12 Aug 2019 03:47:00 GMT

If someone wishes to remain anonymous to claim their lottery winning, however they then hire a lawyer to make a blind trust is it possible the lawyer can cheat the winner out of their winnings. If so is there a way not to be cheated if it goes into a blind trust? I wouldn t want anyone to be in control my the money I would win.