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Of course, you avoid the pig butchering, but open yourself to abuse from the trustees. Reasonably want a new BMW? Hope your kid is ok with their inheritance sh
by alistairSH 1y ago
Of course, you avoid the pig butchering, but open yourself to abuse from the trustees. Reasonably want a new BMW? Hope your kid is ok with their inheritance shrinking by $60k. Etc.
I'm not claiming a trust is a bad idea, only that you need to take care picking the trustees. And be sure there's an "out" if you and the trustees fall out.