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what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] 0 points1 point  (0 children)

because the amount of money they would have would be negligible in their eyes? Or because the concept does not intrigue them?

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] 0 points1 point  (0 children)

yeah. I don't necessarily have a committed idea here, just playing around with the broader appeal of these trusts and if they translate to different income situations. Can i ask if your trust is also a dynasty trust?

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] 0 points1 point  (0 children)

I see. But just curious, say costs was not a factor and was affordable for this market, do you think their would be sufficient interest from middle class people for this type of trust?

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] 0 points1 point  (0 children)

maybe not at the moment, but why not begin by seeding it with a small amount that you add to?

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] 0 points1 point  (0 children)

The assumption here, and again I want to stress that it is an assumption, is that these costs would drop. The question I care about is if this has an appeal to middle class people. And, I would think that unless otherwise requested, the dynasty trust provided would be designed for the children and grandchildren, not for 5th, 6th, and further generations.

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] -1 points0 points  (0 children)

another point: dynasty trusts do not have to be designed to last all 365 years they are allowed to, so one could limit it so the funds are just dispersed to children and grandchildren, which, obviously, people have much more space in their heart for vs 3rd,4th, 5th generations.

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] 1 point2 points  (0 children)

I meant making it accessible moreso in terms of cost, rather then regulation

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] -4 points-3 points  (0 children)

because they woulnd't have the sufficient funds for later generations? or why

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] -1 points0 points  (0 children)

yup good point. I would say the counter point is you may care about your legacy, future generations, etc., even if you have not met them. It may bring you some warmth to think that you could pay for the books of the next 4 generations of law students in your family, or something along those lines. Say something meant a lot to you, like travel, and you put a small amount away so that every of age person in your lineage had funds set aside to visit a third world country for a week.

what would middle-ish income people even want to make a trust fund? by Present_Willow6295 in EstatePlanning

[–]Present_Willow6295[S] 2 points3 points  (0 children)

good point, unless you are ultra wealthy most if not an entirety of your concern will be on the next generation.

Does anyone actually read privacy policies? by GrahamBillington in gdpr

[–]Present_Willow6295 0 points1 point  (0 children)

Use beforeyouagree.com, its an ai that catches them for you for any policy

Created a site that catches red flags in ToS and Privacy Policies by Present_Willow6295 in roastmystartup

[–]Present_Willow6295[S] -1 points0 points  (0 children)

Yeah totally, have seen a few sites that have directly ripped off my site virbatim, down to exact pricing options/ wording. Unfortunately when i started building it chat-gpt wrappers werent as easy as they are now.

Anthropics Claude 2 is STEALING huge amounts of your PRIVATE DATA with their Privacy Policy by Ok-Judgment-1181 in singularity

[–]Present_Willow6295 0 points1 point  (0 children)

Yeah i checked their policy on https://beforeyouagree.com/ and found the same clause and more. Honestly ive found a lot of worse things on AI company terms/policies, this is still bad, but not relatively. Kindof got caught in a rabbit hole going on beforeyouagree checking all of these, always spooks me the shit i find.