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Personal Finance (Not Investing) • Disadvantages of doing trust

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Is there something like trust for dummies? We have will and rest of the usual health proxy and dopa etc but now there is a push for “trust” because our friends are doing it aka “facebook” pull if you get my drift

From what I know well over 10m one should have trust. Also if Mass resident then that number is much smaller

In terms of disadvantage I am under impression that step up is lost once the assets are put in the trust

I need to do my own research. Where do I start?

Statistics: Posted by rs9876lg — Mon Oct 21, 2024 6:07 pm — Replies 14 — Views 1043



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