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The limits depends on the jurisdiction. And harder to claw back funds after you’re already dead and the estate has been settled. Or you’ve already spent it all
by Scoundreller 4y ago
The limits depends on the jurisdiction.
And harder to claw back funds after you’re already dead and the estate has been settled. Or you’ve already spent it all.
- saghm 4y agoI feel like I'm missing something here. Are you saying the optimal strategy is to withdraw early, keep your mouth shut, and then...die? Are these schemes usually long-lasting enough that a non-trivial number of people who invest early would be expected to die by the time they're discovered?
- drunkonvinyl 4y agoAs long as you don’t claw back after you die.
- maerF0x0 4y ago> Or you’ve already spent it all. This is only true if you never have income in the future. They can garnish and/or reach in and take other assets