4 ms·
my point isn't so much taxation on inheritance (although that is unfair too - step up etc...) my point is that these trusts are specifically structure to preve
by synthos 5y ago
my point isn't so much taxation on inheritance (although that is unfair too - step up etc...)
my point is that these trusts are specifically structure to prevent decendents from exiting their wealth. through poor risk taking, ineptitude, getting sued. nothing will affect the trust
- cascom 5y agoFair point, but Procreation + divorce / kids in multiple marriages will typically exponentially whittle it down (not crazy to think that a trust could go from 3 to 40+ beneficiaries over 60 years) + trust fees / poor management