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Posts Tagged 'Romans'

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The Romans Developed the First Trusts (Fideicommissum)

The Romans developed the first trusts (fideicommissum), which were testamentary trusts created by wills. The first living trusts (inter vivos), were developed in England during the 12th-century crusades

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The Romans Started the First Pension Scheme in 13 B.C.

The Romans started the first pension scheme in 13 B.C. when Roman Emperor Augustus began paying pensions to Roman Legionnaires who had served 20 years.

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