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Are trusts a ‘tax loophole’ exploited by the wealthy?
Melinda 2017-11-14T08:23:39+00:00People who say this are just demonstrating their ignorance. Here’s why. The ability to use a trust as a ‘tax loophole’ was pretty much closed out in the 1970-80s. To suggest that trusts somehow make tax disappear for the ‘wealthy’ is plain silly.