A park with a billionaire backstory 🌳 In 1940, the heirs of John D. Rockefeller donated his Lakewood estate - creating the very first of many Ocean County Parks. | Ocean County Government
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How the Rockefellers created #generationalwealth Firstly, Rockefeller built a multi billion dollar business empire. But that's not enough. He took prudent steps to shepherd his #wealth perpetually into the future To leave a legacy, you need to consider the impact of taxes and protecting your #money from spendthrift heirs. Rockefeller did both He structured a family trust, which owned his assets after death. Alongside the trust he opened a specially designed #lifeinsurance plan that doubled as a
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