Oct '24 • Life Insurance & Retirement ⏳
Something I’ve wondered
I’ve noticed Trust structure for nonprofits and how the wealthy use Nonprofits aka Foundations to avoid taxes. I don’t really believe in PR claiming the wealthy giving 90% of their wealth without strategic reason. Would you say Life Insurance Policy under Trust is for family planning & Nonprofit under Trust would be for something related to their business-related ? Can you elaborate more on that topic with comparison & contrast ? What is the benefit of using different strategies?
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Something I’ve wondered
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