How the rich uses TRUSTS to hide wealth

[@UpDive8]

What's your view on Dynasty Trusts? Keen to know!👇🏻

[@tijnvandeheuvel7241]

Great video and an interesting topic, the end card is a good improvement keep it in there

[@UpDive8]

Thanks for the feedback. Yeah I always had trouble deciding should I include the end card or not. But I guess, with your feedback, its the little push that I need to keep it in 😁

[@JL00JL]

Gives much needed context to the pandora papers. Great job

[@UpDive8]

Thanks! Yeah the media broke a lot of interesting details, but most assumed readers already knew the basics

[@mr.snuggle6883]

Amazing channel.

[@UpDive8]

Thanks for the kind comments :)

[@MrDouglasdrake]

Enjoyed the content

[@UpDive8]

Thanks for watching. 😄

[@alexmeier1804]

Great video Jason,very interesting and entertaining,a lot of cool information. Thank you very much.

[@UpDive8]

Thanks Alex! :) Hope this video gives people more insight into trusts.

[@tedadams1324]

I do not understand why that you think that these trusts are bad. If an individual has accumulated a significant amount of money and property, shouldn't they be allowed to dispose of it in any way that they see fit? These assets don't belong to you, me, or the government. They belong to the owner. If they want to set up a perpetual trust, that's THEIR business.

[@ttuliorancao]

What guarantees private property is the threat of use of force to protect them. In modern society it is the assurance that the government will protect the private property by using its monopoly of use of force via the police or the military if necessary. All this protection have a cost and if the super rich isn't footing the bill, someone else is. Furthermore, if we consider all the other aspects that are necessary for creating an enviroment prone to enriching people, it has several other costs. For instance, without the US government expending hundreds of billions of dollars to project its military strength around the globe to protect shipping lanes and conquer cheap natural resources, the US dollar would not be important as it is today. Heck, even public education and social networks are necessary for creating a prosperous society that enables people to be productive enough so some can get filthy rich. So yes, everyone needs to contribute to this costs and the ones that bennefit the most, the rich, should be paying most.