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We have discussed using trusts to your advantage since they can have wider uses beyond simply avoiding inheritance taxes (IHT). These uses include asset protection, confidentiality, avoidance of probate and forced heirship, succession planning and I
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Totten Trusts A trust can be drafted with the purpose of handing over a certain amount of money by an individual, who is the settlor of the trust, ... and in trust for beneficiary. Totten trusts do not fall under legal trusts, technically speaking
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