Originally Posted by jumppilot

I've thought about doing something like that, especially for creating a charitable organization. Take $1,000,000 and let it compound for 50 years and your family name will be famous. Allow the trust to withdrawal 2% a year, and only in up years, and you could live on forever.

My only concern is family tree dilution and my heirs urinating the money, to use your term.


5 Wealthy Families Who Lost Their Fortunes