Is an asset protection trust fair? Should wealthy people be able to avoid paying their liabilities? What

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Is an asset protection trust fair? Should wealthy people be able to avoid paying their liabilities? What about perpetual trusts that avoid estate taxes forever? If you were a state legislator, how would you vote when this legislation came up for approval? If you had substantial assets would you put them in such a trust? What life principles apply here?

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Business Law and the Legal Environment

ISBN: 978-1133587491

5th edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson

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