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08-29-2007, 09:43 PM

rhertz

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Join Date: May 2006

Posts: 2,834

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Quote:

Originally Posted by joepole

Trust funds don't "avoid estate taxes" any more than any other means of passing on money.

Joe IANAL but if I put my house into a trust fund, then pay "rent" to the trust fund for living in my house, is that not putting money out of my name (one pocket) into the trust funds name? (another pocket) "Rent" is just one example of "financial planning" to "preserve" one's estate after death. Not arguing mind you, just talkin'...

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