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Reply to "Wills vs trusts vs neither"
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[quote=Anonymous]I have one child and no spouse. She is in her early 20’s. I am not sure I would want her to receive a million dollars in one fell swoop. How could I titrate the outflow (like some for a wedding , some for a house down payment, maybe some for grandkids college costs, if she has kids)? And would she be taxed upon my death or only as the distributions were made? [/quote]
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