@MadMadMadMadRN @ddayen It is extremely generous! But it rewards a set of practices that involve legal and financial institution churn that are useless and counterproductive. How many “revokable trusts” exist in the world just to multiply FDIC insurance. The current system creates busy work and billable hours, as well as complexity and opacity about who owns what, uselessly. We’d all be better off if ppl not actually trying to obfuscate just kept their money in one big acct identifiably theirs.