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[-] shalafi@lemmy.world 3 points 1 month ago

You don't have to be wealthy to put all your assets in a trust. Everyone should do it if for no other reason than skipping probate court and taxes.

[-] viking@infosec.pub 1 points 1 month ago

Where I'm at you can't establish a trust with less than 1M in assets, and there are no tax incentives.

[-] aubeynarf@lemmynsfw.com 1 points 1 month ago

In the US there are no estate taxes on the first $5,900,000 of assets for an individual or $13,900,000 for a married couple. They affect a tiny number of people, all wealthy.

this post was submitted on 19 Jun 2025
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