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For that reason, I suspect your advisor is suggesting you establish an irrevocable trust or two. You could start gifting assets to such a trust to avoid estate taxes.

Aha, I suspect you are right, you are such a smarty! I cannot go the insurance route now as I'm a C survivor (yay) and I told him I was planning to gift assets over the years. I am way too independent to tie up my hard earned money in an irrevocable trust, especially now that there may be reductions in estate taxes. I'll continue making my own investments.

Thank you so much, what would we do without you!


follydolly
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