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Mitt Romney avoided a lot of taxation when he setup a trust to give millions of dollars to his grand children – a perfectly legal way to take care of his heirs. But now he is being criticized for it. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Company to discuss what Mitt Romney did with regards to the financial legacy he plans to leave his children and grand children.
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Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: dollars, economy, ed butowsky, financial advisor, mitt romney, money, presidential election, retirement, tax, trust, wealth manager