Creating Huge Wealth With Trust Funds
I’ve been talking a lot about trust funds lately. I calculated that if someone put $50,000 in a trust fund today, 70 years from now, they could have a dynasty trust paying each of their heirs a $25,000 cash check (in today’s dollars, net of taxes) at Christmas. There are a lot of assumptions that may not pan out in that figure, but it’s a decent guess.