The elite and wealth preserve their wealth and assets by using living trusts or irrevocable trusts, and why everybody should use a trust to preserve their wealth. In some circumstances, you can use a trust to prevent paying inheritance taxes and avoid your family going to PROBATE (which really sucks!) for real estate assets.
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This is not legal or investment advice, please consult with a legal professional regarding setting up your trust.
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TrustsPreserve WealthIrrevocable Trusts
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