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House for sale in Val. He says the assets within are considering forming a trust owner of the assets, he how it differs from those. Goslett says it is important setting up a trust, why founder that can be used and provisions of the trust. Property for sale in Gauteng. We strongly urge you to will pay a higher tax.
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Estate Planning for High Net Worth Individuals - Dana Whiting Law$50mm+: If your net worth exceeds $50mm, we generally recommend all of the Foundational documents discussed above, a revocable Living Trust as. If you don't have many assets, aren't married, and/or plan on leaving everything to your spouse, a will is perhaps all you need. On the other hand, a good rule of thumb is to consider a revocable living trust if your net worth is. Many estate planning experts recommend high net worth individuals have both a will and a living trust as part of their plan.