Conclusion: It's Not Just a Technical Issue
Families are complicated beasts. I listed above a large number of possible “pockets” into which capital might be placed and need to be managed. And whenever we begin to manage capital, we face a series of implementation issues that will have long-term effects on our wealth for good or ill.
Asset location and implementation may seem like technical issues, but they matter a great deal. We overlook them at our peril.
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