Estate Planning for an Irresponsible Child
December 3, 2024
What if you’re concerned that your child or grandchild may not manage their inheritance wisely? In this video, we explore strategies to protect your heir’s financial future while encouraging responsible spending habits.
Learn how tools like trusts can give you control over how and when inheritance funds are distributed. We’ll discuss the benefits of living trusts, which bypass probate and offer flexibility, as well as options like incentive-based payouts, income-based distributions, and age-specific milestones.