For those who have yet to see the Breaking Badfinale stop reading here. During the show, Walter White is trying to protecthis assets. He tries to accomplish this goal by breaking into his formerpartner’s home to give him money to create a trust for Walter’s son. David Gairauthored an article entitled “Breaking Bad and Tax Planning” that delves into the creation of the trust. He points outthat the cash’s source is illegal, had it not been illegal then White and hiswife could have provided their child more than $10 million in tax free and evenmore with other estate planning tools.
See Kelly Humke, Estate Planning Featured in the Series Finale of Breaking Bad, Wealth Strategies, Oct. 4, 2013.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.
