Friends of science, look at this gizmo!



I'm kind of dumb..even with this simplest form of Trust set-up. It looks to me like the creator gives the trustee some stuff to be held in two trusts. Trust A looks like the beneficiary of Trust B and Trust B is the beneficiary of Trust A.

The Managing Director must come in when the trustee "hands the ball off" to him and "flies the coop" since there's not much left for a conventional trustee do at this point.

Which trust is holding the peanut? Even the diagram looks like a guy hosting a shell game. Do you think that is perhaps subliminable?

As an aside, do you really think that this is what Joe Kennedy did with his family fortune?

Here is where I got this gizmo.

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