Aside from health, forming a trust will help your kids, or whoever you leave your stuff to, deal with financial complexities in a stressful time.
They can protect your assets from the government and you can help your kids protect the assets they inherit from people they marry, among others, who might not be good people.
I’m the resident dr whisperer, which fine and am honored to have earned that trust. I will make sure what is wanted is what will happen, but the financial stuff is mostly on autopilot.
But be careful of the executers of that trust. I know of one where the executer has decided that he is the owner of the properties left with the other owners not allowed a vote. This is current and got nasty.
Aside from health, forming a trust will help your kids, or whoever you leave your stuff to, deal with financial complexities in a stressful time.
They can protect your assets from the government and you can help your kids protect the assets they inherit from people they marry, among others, who might not be good people.
I’m the resident dr whisperer, which fine and am honored to have earned that trust. I will make sure what is wanted is what will happen, but the financial stuff is mostly on autopilot.
But be careful of the executers of that trust. I know of one where the executer has decided that he is the owner of the properties left with the other owners not allowed a vote. This is current and got nasty.