RE:RE:Taxes & Family TrustThis thread is full of far too many people that spent 15 minutes on Deloitte's website about estate planning. A little knowledge truly is a dangerous thing.
Truth is (as anyone with an iota of experience in this area knows), he should have done all of this when he first set up WELL. The fact that he didn't actually does mean two things: (i) he doesn't see the big picture in estate planning; and, (ii) he needs better lawyers/accountants.
As to whether he is selling, I don't know. However, he can probably now sell WITHOUT any disclosure if he chooses to.
Possibleidiot01 wrote: Let's try to explain this in very simple terms.
People act in their own self interest and insiders make WAY, WAY , MORE MONEY by making the company more valuable.
When you consider Hamed has managed to both transfer these shares ( including exercised options) at a low cost and defer taxes / income split - why would he sell shares and further depress the price?
Basically what you're saying is that he's not capable of seeing the BIG picture.