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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