# @edwardcollins_upleveled on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DLnWmYvxava
- **Gondola URL:** https://gondola.cc/posts/35104090-edwardcollins-upleveled-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/8f34c54995.jpg
- **Posted:** 2025-07-02T20:55:17.000+00:00
- **Account Owner:** Edward Collins | Money Lawyer & Wealth Strategist (@edwardcollins_upleveled) — https://gondola.cc/edwardcollins_upleveled

## Caption

The Wealthy Use This Strategy to Beat Capital Gains Tax. 

Ever hear of the Charitable Remainder Unitrust? 

It’s one of the most powerful tools in the wealth planning toolkit — especially if you’re holding highly appreciated assets like crypto or stock. 

Here’s the problem: 

Sell that asset outright? 

➡️ You get hit with capital gains tax. 

That means less money reinvested, and more handed over to the IRS. 

Now here’s the solution 👇 

🔹 You set up a Charitable Remainder Unitrust (CRUT). 

🔹 You contribute the appreciated asset to the trust. 

🔹 You get a charitable deduction (up front!). 

🔹 The trust sells the asset tax-free. 

🔹 You reinvest inside the trust — no erosion. 

🔹 You (or others you name) receive annual payouts for a set term. 

🔹 At the end, the remaining amount goes to a charity of your choice. 

⚠️ Bonus: 

The bigger the trust grows, the larger the payouts — 

Because you’re pulling a percentage, not a flat dollar amount. 

So yes — 

This lets you defer taxes, support a cause, 

And still control and benefit from your wealth during the trust term. 

But make no mistake — 

This is not DIY. 

CRUTs are complex, and require precise legal and tax strategy. 

If you’d like a deep dive video on how this works, just drop a comment below and let me know. 

 SF0700

## Stats

- **Views:** 110
- **Likes:** 123
- **Shares:** 0
- **Comments:** 13

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Edward Collins | Money Lawyer & Wealth Strategist | @edwardcollins_upleveled | https://gondola.cc/edwardcollins_upleveled | Talent |
| Hector Garcia | @Hector_FilmSchool | https://gondola.cc/Hector_FilmSchool | Content Producer |

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