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Old 12-29-2006, 03:16 PM   #1
feb
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Join Date: Apr 2004
Location: Meredith (Winnisquam) & Nashua, NH
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Default Why "Trusts"?

Over time I've noticed that a fair amount of lake property is held in Trusts, Irrevocable Trusts, or something like that. Why is that? Is it a simpler way to hand it down from generation to generation or some way to lessen the burden of owning it? Just good old estate planning?
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