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9:12
who to trust watch how bank manager manager joined tifitifi
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Here are some pros and cons of a trust: Pros: 1. _Asset protection_: Trusts can safeguard assets from creditors, lawsuits, and financial risks. 2. _Estate planning_: Trusts help manage and distribute assets according to your wishes after death. 3. _Tax benefits_: Trusts can minimize taxes, such as estate taxes, capital gains taxes, and income taxes. 4. _Confidentiality_: Trusts maintain privacy, as assets and beneficiaries are not publicly disclosed. Cons: 1. _Complexity_: Trusts can be intricat
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A trust is important because it allows individuals to manage and protect assets for the benefit of beneficiaries, offering control over how those assets are distributed. It also provides advantages like avoiding probate, minimizing estate taxes, and maintaining privacy since the details of the trust don't become public record. Trusts are often used in estate planning to ensure that assets are passed on according to specific wishes. However, a trust is worthless without any assets in it because i
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