Hi Accountant 🐠!

My friend just received settlement. She is trying to figure out what to do with it. Someone told to open a trust to avoid taxes and impact on her potential benefits <contd>

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I am going to make your friend an offer she can’t refuse. :)

funny

Honestly, do not look for advice here, go speak with a tax professional who can look into the details.

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Makes sense

she is an older woman with health issues so she doesn't want this to count as an income. Is it a good advice? Any recources to research this topic?

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