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« on: August 15, 2012, 06:05:45 pm » |
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First, I would transfer a significant portion into Generation Skipping Trusts, domiciled in a state with no rule against perpetuities, gift and estate tax free.
These trusts never end and provide for all future generations, subject to my rules and terms, forever. This is the way the very wealthy (Kennedys, Vanderbilts, Rockefellers, etc.) transfer their wealth.
Further, I would buy a home is a resort, say Lake Tahoe, and run marathons and Ironmen around the world.
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