A revocable living dynasty trust enables the settlor to maintain control and have complete access to trust assets during settlor’s lifetime. Upon settlor’s death, the trust becomes irrevocable, providing wealth building, asset protection and tax benefits to settlor’s spouse and many generations of descendants.
Nature abhors a vacuum and where there is much freedom and emptiness, there will be sufficient room for idle activities. However, there is a clear difference between idle engagement and productive engagement. Idle engagement is when you engage in activities with little or no impact, while productive engagement is when you engage in activities that increase knowledge, skills, wellness, and mental resourcefulness.