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  1. R

    Estate Planning

    If you pay for, or gift, on the relative's requirement to hold on trust for your kids then this is not a testamentary trust as it is already held by your relative as an inter vivos trust, or maybe even a debt of their estate. This will not qualify as excepted income. Gifting to your elderly...
  2. R

    Estate Planning

    Testamentary trusts are brilliant for passing wealth through generations. The only problem is that you have to die first. Cheers, Rob
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