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South Bay Poles

497
Aceofwhat?2/01/2010 9:49:05 am PST

re: #494 jeremy0114

Seems to me at this point there is just going to be a lot of living trusts created by the wealthy… which actually have some great advantages for the people you leave behind.

For the not-so-wealthy (like me) you can have a trust be formed at the time of your death, then specify it all out in your will…

Anyone know the implications of creating a living trust and the estate tax?

Just to make sure i understand…you’re saying “leave the tax, since we can all get around it anyway”?