First, he&#x27;s not moving money currently. He&#x27;s pledged to move a tangible asset to a new entity.<p>Second, if you had read his latest comment or understood how a LLC functions and taxes apply, you would know that the LLC will have to pay taxes on the sale of those assets.<p>Third, any profit the LLC makes from investments in for-profit organizations will also be taxed.<p>In a previous comment I made on charities and trusts, he would be more likely to be avoiding taxes if he did create a charitable remainder trust for his kid. There&#x27;s an immediate tax benefit, you get to use the yearly distribution any way you see fit, and there&#x27;s no guarantee the money will ever see a charitable cause.