Bifalgorithm post

Son, I set up a trust, but you're not the beneficiary. Wait, what? I thought the whole point was to leave everything to me and Sarah. That's what everyone thinks. Here's what nobody tells you. Your beneficiaries don't have to be people. What does that mean? Certain entities can sit as beneficiaries inside your trust. That changes how income flows and how much the tax man ever touches. Why do that instead of just naming us? You make $180,000 a year. Sarah makes $140,000. You're already getting crushed. Now imagine the trust throws off another $100,000 and I hand it straight to you. We get pushed into an even higher bracket. Every dollar wealth keeps building instead of being drained. Now you're thinking like the wealthy. I've been reading the only living trust book you'll ever need for a few minutes every night. Shows you exactly how to set things up so your wealth actually reaches your kids. Tap the orange link and grab the book so your family inherits wealth that compounds, not income that gets clipped every time it moves.

Son, I set up a trust, but you're not the beneficiary. Wait, what? I thought the whole point was to leave everything to me and Sarah. That's what everyone thin…