If I were Filthy Rich
By the26thyear+39 Would you still get a trust if your state allowed anonymous claims?
I understand it’s still important to get a lawyer and set up a trust eventually to protect yourself. But would you take the extra risk and give the lawyer/law firm the ticket to claim it on your behalf behind a trust, especially if you’re in a state that can claim the winnings anonymously?
Recent responses
+35 @ATX_Giant84 I live in a state that allows complete anonymity, and have one of the most commonly recurring names in the US. No need to have a trust set up just to claim it. I'd get a trust set up for asset protection. Combined with an umbrella liability insurance policy, that pretty much makes you financially bulletproof against lawsuits and other financial injunctions.
+20 @sn44 Setting up a trust goes beyond the initial claiming. A proper trust will also insulate you and manage winnings/investments/philanthropy/etc for you.
+17 @almostinfinity If I could win the lottery anonymously AND protect myself extra, I'm doing it. Can never be too careful