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A comment on Is the new Zuckerberg fake charity an estate tax avoidance scheme?. Parent comment

Re:Is the new Zuckerberg fake charity an estate tax avoidanc... by csmajorfive on Thursday December 03, 2015 @11:36PM (#10674650)
They do not avoid capital gains taxes by doing this.

Also, more broadly, when you see a "sweeping end run around the taxation system", it may be instructive to consider why everyone else doesn't just do the same. Legal tax avoidance techniques are not secrets.

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Re:Is the new Zuckerberg fake charity an estate tax avoidanc... by logn on Friday December 04, 2015 @01:02AM (#10674937)
> why everyone else doesn't just do the same

When your upside on doing fancy tax maneuvers is several billion, you can afford IRS lawsuits. And you can afford the initial time for a lawyer to set this all up.

Average people are using Turbo Tax for yearly taxes and relying on common law to handle their estate, because that's all they can afford.

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