How Can I Protect My Children in Estate Planning?
Many of our clients have concerns related to their children when planning estates. Concerns can range from making sure they are taken care of financially, choosing appropriate guardians, and more.
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Some of our clients biggest concerns are:
- I don’t want my child to blow all the money they inherit right away. We always tell clients the best way to ruin a great kid is by giving them tons of money. We work with clients to put a plan in place to help their children. One way we do this is to stagger their disbursements from a trust at certain ages. We usually allow the child to ask the trustee for money at any time for certain purposes. For example, if