Re:Dropping the Sat Requirement Is a Luxury Belief
by csa on Sunday March 05, 2023 @11:23AM
(#35031007)
Trusts are the most common way to do this.
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Re:Dropping the Sat Requirement Is a Luxury Belief
by pmoriarty on Sunday March 05, 2023 @11:42AM
(#35031209)
Then any trusts that benefit you should be counted as part of your wealth.
Re:Dropping the Sat Requirement Is a Luxury Belief
by zamnos on Sunday March 05, 2023 @04:28PM
(#35034146)
So then the trust doesn't list you as a beneficiary but instead goes through a series of shell corporations that they don't control on paper. With stakes this high - your very child's future, there are always going to be people that are rich enough to break the spirit of the rules.
If it's a small handful of people, there's probably better things for them to spend time on, rather than trying to make an unbeatable system.