InsanePeopleFacebook

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Screenshots of people being insane on Facebook. Please censor names/pics of end users in screenshots. Please follow the rules of lemmy.world

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submitted 3 months ago by BonesOfTheMoon@lemmy.world to c/insanepeoplefacebook@lemmy.world

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[–] viking 26 points 3 months ago (9 children)

Maybe it's just regular trusts? Those things do exist, for asset management of wealthy families and such.

[–] shalafi@lemmy.world 7 points 3 months ago (1 children)

You don't have to be wealthy to put all your assets in a trust. Everyone should do it if for no other reason than skipping probate court and taxes.

[–] viking 5 points 3 months ago

Where I'm at you can't establish a trust with less than 1M in assets, and there are no tax incentives.

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