Matt Harris
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Appearances Over Time
Podcast Appearances
I'm always like, why are they in court in Delaware?
Yeah.
Yeah.
I think it's interesting because we're talking about specific people.
You're like Crocodile Dundee was even in there.
Yeah.
If someone was advising me a way to legally reduce my tax obligation by doing this, why wouldn't you do it?
I don't know.
But if you're not breaking the law, what's the difference?
That's the first red flag.
Yeah, right.
So unless that debt is washed out or cleared out over time.
Yep.
Do you see a lot of people get into trouble with that?
Yeah, I think we got caught out with that.
My family got caught out with that and the business went into liquidation and the assets weren't protected in the trust because of that exact reason.
Yeah, it'd be quite common.
That's not even personal tax.
I mean, Matt, this didn't happen overnight, right?
No, it didn't happen overnight, James.