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Kiplinger
Kiplinger
Business
Jeffrey M. Verdon, Esq.

Nine Types of Trusts for High-Net-Worth Estates

HNW
A couple sit next to each other at the fire pit of a clearly wealthy estate. .

Estate planning is crucial for high-net-worth individuals who want to protect their assets and pass their legacy on to loved ones after death.

High-net-worth (HNW) individuals have unique tax and non-tax estate planning needs, which require careful consideration of various strategies to protect their assets and minimize tax liabilities.

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