"Go back"? What about anyone with a mortgage? Inheritance tax is designed to keep the chattel in place.
"Go back"? What about anyone with a mortgage? Inheritance tax is designed to keep the chattel in place.
But how do the elites avoid the inheritance tax?
But how do the elites avoid the inheritance tax?
Easy, it is called an {Irrevocable Trust}(https://www.investopedia.com/terms/i/irrevocabletrust.asp). A trust is a legal entity that never dies. The families just pass the beneficiary status along to their children.
Easy, it is called an {Irrevocable Trust}(https://www.investopedia.com/terms/i/irrevocabletrust.asp). A trust is a legal entity that never dies. The families just pass the beneficiary status along to their children.
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