Dad invests $20K.
It grows to $2M.
If he sells, he owes tax on a $1.98M gain.
Instead, he puts it in a trust.
Borrows against it.
Lives tax free.
Dies holding.
Kids inherit at a $2M basis.
IRS gets $0.
@solana A November meetup in London isn't the thing rewiring capital markets. That's just where the people building it compare notes, not where the markets actually move.