back

by jeffreyrogers·2mo ago·view on hn ↗
> What would you consider a legitimate use case for one?

Setting aside money to pay for a relative who can't provide for themselves, protecting assets if you are professional who faces high chance of being sued (e.g. surgeon), providing for children from a first marriage if you get married and predecease your second spouse.

1 comments
> Setting aside money to pay for a relative who can't provide for themselves

Wealth transfer.

> providing for children from a first marriage if you get married and predecease your second spouse

Wealth transfer.

> protecting assets if you are professional who faces high chance of being sued

Dodging responsibility for professional malpractice?