trust to buy points

[pmcpmc]

why do people set up a trust in America to buy points.
I notice a number of family trusts listed in the records office.

 

[RobDoc]

A Trust is a legal tool frequently used in estate planning to shelter assets. It can aid in dramatically cutting estate taxes in some situations.

You should consult your legal and tax advisors for advice about this method of estate plan.

Enjoy!