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RE: Market Friday: The Bid

in Market Friday2 years ago

There are so many different trusts it is confusing.

Many people who remarry put their assets in a trust to protect their children. It sounds ugly when I say it, but, the intent is to keep your father's assets for his children, as was just an extension of what he had been doing.

I think it is a very good thing. One of the reasons that people with big money almost always have a trust of some kind.

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I would not have known to advise anyone on anything about such things, but fortunately, my younger sister worked for a local lawyer for years and after that, in a large law firm (large for here ...LOL), so fortunately for us and Mom, she knew a few things.... about a few things.