Estate Planning

Keeping Your Family Legacy in Your Family with an Inheritance Trust

By Myrna Arroyo

Most people who do estate planning using wills or trust,their assets outright to their adult children in equal shares when they die.  So, what is wrong with that? Well, there may be a better way.

Instead of leaving your assets equally to your children, why not leave it to your children in trusts, which you can create here and now?

The Inheritance Trust is created by you, today, as settlor, naming your child as trustee and beneficiary when you die. So, for example, if your daughter was Mary Jones, the trust would read

Full post as published by Louisiana Estate Planning on November 25, 2007 (boomark / email).