why big businessman or rich person open trust

If you see this pattern why a rich person becomes trustee of a trust ...
What are the benefits in tax , shares and other monetary benefits


All these are big names...
I just want to know , nothing against any institution...
6 Dimers
  • Sort By
Blaze Blaze
Link Copied

To help needy thru their Trust.

Helpful Helpful
Link Copied

Tthat is a one side of the coin

View 3 more replies
Pro Community Angel Pro Community Angel
Link Copied

Regarding the link shared, how are these people "big" ?

I didnt even know them and so does google. 

Helpful Helpful
Link Copied

CFO  Md.  hai

Listed companies ke

View 1 more reply
Helpful Helpful
Link Copied

Turn black money to white money 💰 🤑

Deal Cadet Deal Cadet
Link Copied

Not sure how many people really end up helping the needy with their trusts. A lot of these rich guys are narcissists and want to be portrayed as some kind of philanthropic person - just look at the wikipedia entry of every rich person and you'll see they have been edited to describe themselves as philanthropist. It ultimately helps them with tax exemptions and to pass on their money to the next generation.

Helpful Helpful
Link Copied

These are general benefits , this is just tip of the iceberg

Click here to reply