this post was submitted on 28 Jun 2026
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If you ever get wealthy and your interest is in keeping the next generation wealthy, you set up a trust with stricts rules on keeping up with inflation, balancing accounts to even out the distribution and an absolute iron gate against drawing out the principal.
The long-long-long term generation wealth families don’t just hand the next generation an enormous pile of cash. They hand them the right to continually receive cash from a trust.