A family trust was an extremely secure means of asset protection in Europe and the United States.
There was a saying in Oskia that wealth does not last for three generations. The reason for this was that the fathers were the ones who made the fortunes whereas the children and grandchildren were the ones who lived extravagantly, squander their money, have low vision, and were incompetent in maintaining their businesses which could easily lead to family bankruptcy and overnight reversion to their original form.
The reason for this was because the ability and character of the children and grandchildren were not within their control. Once there was a problem with their ability and character, it would be difficult to prevent the family from going into decline.
What's more, there were also various natural disasters in addition to man-made disasters.
However, a family trust effectively eliminated the risk of natural and man-made disasters.
Putting one's own money into the trust meant that one would have given up direct control of the money on the surface. Only one's descendants or designated heirs would be able to inherit the money in the trust under specific opportunities.
Therefore, even if one were to encounter major problems in the future which would result in the entire family going into debt or bankruptcy, the government and creditors theoretically would have no right to dispose of the other party's family trust.
had been able to remain wealthy for several or more than a dozen
Duncan family had disappeared, all their money had been loaded into the family trust. This was a foolproof method of keeping their money, and they did not have to worry about losing
money placed into the trust would not decrease. On the contrary, it would only increase. Even the federal government would not be able to take away
of the Duncan family or the mysterious
disappearance was only a temporary strategic retreat, and they would definitely be back again in the
Acker said solemnly, "The Duncan family's series of operations
and decisive, so I feel
have
halfway by that mysterious
may have been members of that mysterious
said that, he looked at his third son, Jaxson, and said, "Jaxson, everything
probably
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