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The Water Cooler
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The Tax Man Cometh
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<blockquote data-quote="TerryMiller" data-source="post: 3766388" data-attributes="member: 7900"><p>Yeppers...</p><p></p><p>....back many years ago, my wife's father discussed trusts with an accountant in Guymon, OK. This guy told him that he worked with an excellent lawyer there in town that was very knowledgeable about trusts and had never had one broken before. Father-in-law set up two trusts through these two guys.</p><p></p><p>Some years later, some of his grandkids from his son (long since passed away) got the F-I-L and took him to Guymon to visit with the accountant. They had all these ideas of how they could "break the trust." As they promoted their ideas to the accountant, at every turn, he informed them that their idea would never be able to do the deed.</p><p></p><p>We found out about their attempt when we went to visit the accountant for other matters. He told us that as the grandkids were told each time that their idea couldn't break the trust, my F-I-L just sat there grinning. Father-in-law dang sure got his money's worth.</p></blockquote><p></p>
[QUOTE="TerryMiller, post: 3766388, member: 7900"] Yeppers... ....back many years ago, my wife's father discussed trusts with an accountant in Guymon, OK. This guy told him that he worked with an excellent lawyer there in town that was very knowledgeable about trusts and had never had one broken before. Father-in-law set up two trusts through these two guys. Some years later, some of his grandkids from his son (long since passed away) got the F-I-L and took him to Guymon to visit with the accountant. They had all these ideas of how they could "break the trust." As they promoted their ideas to the accountant, at every turn, he informed them that their idea would never be able to do the deed. We found out about their attempt when we went to visit the accountant for other matters. He told us that as the grandkids were told each time that their idea couldn't break the trust, my F-I-L just sat there grinning. Father-in-law dang sure got his money's worth. [/QUOTE]
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