If you are thinking about leaving money to someone who isn't very good with managing financial matters, you may wish to consider using a spendthrift trust. A spendthrift trust is a powerful tool that makes it possible for you to protect a loved one from himself. If you have worked hard to build a legacy that you are going to leave to your family members, you don't want someone's … [Read more...] about How Does a Spendthrift Trust Work?
Will the beneficiaries of your estate be responsible in handling their inheritance? Should you distribute the assets of your estate to your loved ones outright and free of any controls, or is there a reason you will want to distribute assets to your estate beneficiaries over time or in increments? Or do you imagine that after your demise your hard earned assets will be spent quickly and … [Read more...] about Will the Beneficiaries of Your Estate Be Responsible in Handling Their Inheritance?
"Are the Beneficiaries of Your Estate Responsible to Handle Their Inheritance?" by Attorney Colleen Sinclair Prosser … [Read more...] about Are the Beneficiaries of your Estate Responsible to Handle Their Inheritance? (Audio)