TMBS E392: Sally Gimon – Owner/CEO of Spendthrift Trust

Business owners, entrepreneurs, and any 1099 income earners: this episode is for you. This woman with the Spendthrift Trust can save you a fortune. The ST Trust also cancels the IRMAA surcharge on Medicare. Sally Gimon sits down with Mark and eplains to us how this all works.

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Business owners, entrepreneurs, and any 1099 income earners: this episode is for you. This woman with the Spendthrift Trust can save you a fortune. The ST Trust also cancels the IRMAA surcharge on Medicare. Sally Gimon sits down with Mark and eplains to us how this all works.

BIO ~ Sally Gimon 

Sally was a military brat and has traveled to all 50 states and Indian Reservations! 

She went to University of Maryland and Thunderbird Graduate School then she became a real estate investor when her mom got sick in 2018. 

When she received a $94,000 tax bill in the middle of Covid, she found a solution! 

The Spendthrift Trust is legal, in IRS Tax Code 6433b, US Business Owners, Entrepreneurs, and 1099 Income Earners who make at least $100,000 Gross per year in 1099 

Income saves 5 Figures in Federal and State Income Taxes yearly with the Business Spendthrift Trust! US Investors STOP paying taxes on profits legally with the Beneficial Spendthrift Trust! 

No Capital Gains Taxes 

No Interest Income Taxes 

No Dividend Income Taxes 

No Rental Income Taxes 

No Royalty Income Taxes 

The Spendthrift Trust will cancel the IRMAA surcharge on Medicare, too! 

An example of the Business Spendthrift Trust, January 3, 2025, a 29 year old salesman contacted me. He made $150,000 in 1099 income in 2024 and had nothing to show for it.  Using 2025 data, filing single, he saved $25,962 in Federal Income Taxes, and $8,625 in Virginia State Income Taxes = $34,587 in 2025.  
In 2026 still making $150,000 he will save $34,363 in Taxes! 

The most recent seller financing house, Sally did was Upset Bids here in North Carolina. purchasing a house for $157,000 and Zillow says it is worth $360,000. The offer extended was: as is with 1 year home warranty for $310,000 with nonrefundable $20,000 down, and $2,000 per month in mortgage payments.  

In January 2028 they can decide to get their own mortgage $310,000 – $68,00 = $242,000 mortgage, they can move out, or we renegotiate the deal, another $20,000 down nonrefundable and $2,000 per month until January 2030. Sally has 7 seller financing deals going on right now 

Company Website: www.TheTrustIsYou.com

Company LinkedIn: www.linkedin.com/in/sallygimon/

Company Twitter: https://x.com/GimonSally

Company Facebook: https://facebook.com/TheTrustisyou/