Quote:
Originally Posted by MattyC
Well I can tell you that it is basically my job to set these (and many other types of vehicles) up for clients and there is a ton of back and forth with lawyers, notaries, advisors (us) and so on to get something like this set up for just a few million. And we are people that know and understand it. There is absolutely no way Zuckerberg has the time, energy or care to do any of that himself.
My guess is he went to his advisor(s) looking for a way to do this, and this is what they suggested.
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Ok fair enough, again honestly I don't know about setting up LLC's or the intimate details of who if any does MZ's legal/finance stuff... but I guess what I'm saying is, I don't think he's going with Goldman Sachs or some big legal name and paying tons of money to find the best lawyers and accountants to hide as much $$ from the IRS as possible. But that is just my speculation. Maybe it wasn't him, maybe its a friend from back in collage who does this or something... I don't think the intent was PR or evading taxes here, it was likely just that he wanted to donate money to the charity of his choosing.