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big family trustsCNBC
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78% Informative
Nevada is surging in popularity as a global center of family trusts and a friendly home to the world's biggest fortunes.
At the center of the Murdoch case is the Murdoch Family Trust , which holds the powerful voting shares in News Corp. and Fox Corp. that effectively control the companies.
Nevada 's advantage puts it at the forefront of a massive wealth surge pouring into the asset-protection trusts.
Nevada allows irrevocable trusts to be decanted, or changed, into a new trust as long as certain provisions are met.
Rupert Murdoch argues that it’s in the best financial interests of the other children.
None of the Murdochs appear to own any homes in Nevada , and none of their businesses have public headquarters there.
VR Score
83
Informative language
84
Neutral language
33
Article tone
formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
Affiliate links
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