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A good addition to your estate would be units of a Telecom Leasing Program. This gives you a lifetime stream of residual income with over 14% annual yield and 20% depreciation/year for 5 years. The lease is renewable every five years and your principal is 100% refundable anytime with no penalty or fees. When passed to your heirs they are on a stepped up basis and the depreciation starts over. You have title and deeded location and the lessee does all the location finding, maintenance, servicing, insurance, monitoring, upgrading of equipment and sends you $82.25 check monthly for every $7,000 unit. IRS form 4562 has the depreciation schedule and I can answer any questions and get you signed up. Loy, Registered Investment Advisor
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