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Hey everyone! Do you guys use Whole Life Insurance with the Trust structures to grow your wealth and "use your dollar twice"? Curious to see what the community thinks of pros and cons of this approach.

The U.S. government itself allegedly created thousands of Trusts, including the U.S. Constitution, Medicare and federal highway programs-the latter fact post- ed on highway signs along Interstates, especially during times of construction.

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Simply said: The fundamental requirements of a Trust are that it manages and control assets and that, as a business using passthrough accounting, its structure provides the maximum tax advantages allowable under the law. Again, its entire reason for being is to protect the interests of its Beneficiaries.