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€uromeinke, FEJ. and Ghoulish Delight RULE!!! NA abides. |
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#10 |
I throw stones at houses
Join Date: Jan 2005
Location: Location: Location
Posts: 9,534
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If he was smart he'd use his annual gifting allowance to pay into a permanent life insurance policy. They wouldn't be taxed on that. Hold the insurance under a trust and name the kids as the beneficiaries.
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