Building Generational Wealth with Trusts
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You can legally force people to follow your money rules even after you are gone.
It is called a Trust and it is the ultimate cheat code for building generational wealth. Here is how it works.
You transfer your assets to a Trustee, usually a bank. They become the legal owner,
but they have a strict fiduciary duty to manage it exactly how you want for your beneficiaries.
It creates a firewall between your personal risks and your hard-earned cash. You can set it up
to pay for your retirement or drip-feed money to your kids so they do not blow it all at once.
Stop leaving your legacy to chance and start acting like the CEO of your own life.
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