Message from @Rayn198806
Discord ID: 593924708013965341
<:HammerAndSickle:575369911690461207>
ok danny
Technically, everyone has an estate and a default will. I believe people should think about living trusts for their assets, otherwise, what's in a will can be eaten up in court cost.
My father made sure to drill estate planning into my head.
alright good for you i guess
wow danny i'm sure thats an entirely true story
I'm just answering the question to what happens to my wealth when I die. The name of my accounts is currently the name of my trust. The goal is for the beneficiaries to be our kids.
There are no kids, right now, and currently we are the only trustees.
When you die the money can go to yourself
I meet a lot of children of the rich whenever I travel to Central America
Nope, because we are working out who would be the trustee and the stipulations.
They'll spend their youth traveling around the world like beatniks
And just wait for their parents to die
They would need to ask the trustee to allocate the money.
So they can live of their inheritance
They can't because they only get what the trustee can legally give them based on what we said.
They get no money?
This is why you do trust and not wills, lol
We are still working out the finances.
Like small bits go to make our future kids comfortable
The rest goes into investing into what we were for while alive
I'm engaged and we are a typical couple.
ok what does your fiance do
Funny thing is my taxes are super low.
After the revolution this sort of generational wealth hoarding will be a thing of the past <:HammerAndSickle:575369911690461207> <:PepeChill:552613722502332416>
Uhh, my fiance is the socialite.
Actors and Hollywood are his circles.
Me, it's academia.
hollywood
gross
THE REVOLUTION
>stock image
reee
@Ćukasz, yes, I'm wealthy because I work in academia. Really, though, beyond pay, the perks are more like having access to papers and education through the organizations I'm part of.
too bas
enjoy the stock image
I have image loading turned off.
So, I see nothing but the name of a file.