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Unread 09-16-2018, 02:47 PM   #3
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Reggie B
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Trusts have different purposes but I will assume that you are putting assets in trust to provide an income stream for your beneficiaries. Since collectibles such as firearms only produce income by liquidation it will complicate things such as determining when and how they will be liquidated. Complications generally mean added costs as well. So I would liquidate the ones you would put into trust and invest the proceeds in income producing assets. Trusts can be simple or quite complex depending on your goals, your asset values etc.
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