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How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs

With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from creditors and even their future heirs' ex-spouses.

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How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs

With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from creditors and even their future heirs' ex-spouses.

Delaware , United-states , Florida , Wyoming , American , America , Withers-bergman , Dave-mccormick , Jeff-bezo , Sandy-christopher , Jere-doyle , Jpmorgan-or-northern

The IRS Slowly Cleans Up Its Act. But Funding Boost Also Means Increased Enforcement.

The IRS has been working on building its services, using funds allocated by the Inflation Reduction Act, which was passed in 2022.

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How Do I Gift Stocks?

In this season of giving, many folks might consider investments as presents. But how do you gift stocks? We take a closer look here.

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What the Wealthy Can Do to Prepare for the Expiration of Today's High Estate Tax Exemption

What the Wealthy Can Do to Prepare for the Expiration of Today's High Estate Tax Exemption
barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.

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What the Wealthy Can Do to Prepare for the Expiration of Today's High Estate Tax Exemption

What the Wealthy Can Do to Prepare for the Expiration of Today's High Estate Tax Exemption
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.

Belinda-herzig , Jason-thompson , Jere-doyle , Rockefeller-global-family-office , Rockefeller-global-family , Tax-cuts , Jobs-act ,

Strategies to Know Before Selling a Business

Future Returns: BNY Mellon Wealth Management explains how owners can minimize taxes and maximize gains

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Strategies to Know Before Selling a Business

Strategies to Know Before Selling a Business
barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.

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How Super-Wealthy Americans Fare Under Biden's New Tax Plan

Taxing the super-rich is difficult for the simple reason that huge fortunes don’t necessarily mean huge incomes.

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A painting or an NFT of it: Which will be more valuable?

Some NFTs are testing the connection between the virtual and the physical worlds
Published:
July 29, 2021 07:15
NYT
An image provided by the NFT platform Nifty's shows one of the company's 92,000 NFTs related to the film 'Space Jam: A New Legacy,' which stars LeBron James.
Image Credit: NYT
British artist Damien Hirst, best known for putting a shark in a tank of formaldehyde, has gotten on the NFT bandwagon.
NFTs, or nonfungible tokens, rely on blockchain technology to designate an official copy of a piece of digital media that would otherwise be cheap or free. Hirst is selling a collection of 10,000 NFTs, each of which corresponds to a physical dot painting, for $2,000 each. A year from now, the collectors of the series, called "The Currency," will have to decide whether to keep the NFT or the painting; whichever one they do not choose will be destroyed.

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