Most people focus on growing their assets but spend very little time thinking about ownership structure. As portfolios grow, many investors begin exploring LLCs, trusts, and estate planning strategies designed to improve organization, succession planning, and asset management.
A revocable trust can help avoid probate, while more advanced planning tools may be considered as wealth and complexity increase. The right approach depends on your goals, family situation, and long-term plans.
The biggest mistake is often waiting until after wealth has already been created.
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