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Kiplinger
Kiplinger
Business
Joe F. Schmitz Jr., CFP®, ChFC®, CKA®

Who Needs a Trust and Who Doesn't? A Financial Planner Explains

Uncle Sam Inheritance Tax Kiplinger Medicaid
(Image credit: Getty Images)

Why is there so much confusion around trusts? In my opinion, it is because they are often used the wrong way and not used for the right reasons.

We had some clients whose attorney tried to get them to do a trust they did not need.

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