Is it possibly an extension of their “line goes up” mentality? Or is there a possibility they’re moving towards something more nefarious? 100 kids seems like a lot to try and manage if you’re actually acknowleging them as progeny and distributing your wealth among them.
Is it possibly an extension of their “line goes up” mentality? Or is there a possibility they’re moving towards something more nefarious? 100 kids seems like a lot to try and manage if you’re actually acknowleging them as progeny and distributing your wealth among them.
If you’re a billionaire, that’s 10M dollars given per child assuming no taxes
I was thinking of the logistics to set it up initially, but yeah to billionairres its probably easier to hire that out or something.
Trusts don’t pay inheritance tax, and LTD companies don’t pay capital gains. Loophole’s everywhere, by design