When Is an LLC Worth It. Jake Claver in this recording: “You're going to move it in there at the cost basis.”
Also coveredrevocable trust, creditor protection
What this recording covers
The portfolio thresholds and structural mechanics for establishing limited liability companies and estate trusts form the subject of this recording. Claver explains that setting up entities requires evaluating setup and maintenance expenses against overall portfolio scale. For substantial holdings, he outlines an estate planning strategy where digital assets are transferred into a newly formed limited liability company at cost basis. By gifting minority equity stakes to several individuals, the entity establishes minority ownership on its capitalization table. When an independent formal appraisal is conducted, the lack of marketability and control produces an appraisal discount. Claver explains that this discounted entity appraisal enables the grantor to transfer the company into an irrevocable trust while remaining within gift tax limitations. He also notes that living trusts provide estate continuity while corporate entities provide basic liability protection.
Where this fits
This page hosts a recorded video and a short summary of what it covers. It is general information, not investment, tax, or legal advice, and not a recommendation to buy or sell any asset or to form any entity. Rules change and older recordings may describe a position that has since moved. Speak to a qualified professional before acting.