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Money and Finances
Reply to "Ultra high net worth and how much to leave to kids"
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[quote=Anonymous][quote=Anonymous]I'd create a family trust. One of my friends has one. It was created in the early 1900s by a female ancestor for all female descendants. It provides money that is used for college and I believe my friend also used it so she could take time off when she had babies. Hers is the neatest I've encountered because it's only females. Create a family trust that gives money for college, grad school, money on the birth of a child, money upon marriage, downpayment help etc. The bulk of the money is reinvested forever.[/quote] So Progressive back then! [/quote]
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