Which is the safest way to ensure that your wealth is properly utilized?
January 24th, 2010 | by admin |People form Trusts, Foundations, etc to manage their wealth after death. But these are handled by people who may not be honest enough to pursue the causes for which these organizations are formed.
Are there safer modes where the will is better enforced?
True, trusts may have loop holes that allow skimming by the trustee.
It is also possible to purchase an annuity or an insurance policy
for heirs.
Banks trust departments have been very poor at producing investment
income according to several investment news letters.
A good will is very important also.
2 Responses to “Which is the safest way to ensure that your wealth is properly utilized?”
By Daniel on Jan 24, 2010 | Reply
Before giving them your money, you should check with them and watch how they are doing their job. Some people live on the charity money with out any conscious. We should be careful before we donate our money.
References :
By General D. Ypsilanti on Jan 24, 2010 | Reply
True, trusts may have loop holes that allow skimming by the trustee.
It is also possible to purchase an annuity or an insurance policy
for heirs.
Banks trust departments have been very poor at producing investment
income according to several investment news letters.
A good will is very important also.
References :
several seminars