Probate
Feb. 14, 2007
Making Trusts Work for Children While Protecting Family Values
FORUM COLUMN - You can't take your money with you, but you can take steps to make sure your kids don't burn through their inheritance too fast. An estate planning lawyer has some tips.
By Darlynn Morgan
It's not just affluent parents who worry about their children. Many parents who see me are concerned about how their children will handle their inheritance. Even responsible adult children have vulnerabilities: They could lose their inheritance through a divorce or to creditors. Any one of us could end up a defendant in a personal-injury lawsuit with a large judgment against us. Parents worry about their less-responsible ...
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