Don't Leave Money Directly To Your Kids When You Pass Away

16/10/2023 2 min
Don't Leave Money Directly To Your Kids When You Pass Away

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Episode Synopsis

Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Don't leave your kids any money when you die. This is a little bit of a trick, because ultimately you want your kids to benefit from your inheritance. The best way to do this is to set up a living trust, leave your inheritance to the trust, and have the trust distribute money to your kids, or on behalf of them as the beneficiary. This does two things. First it protects them from making bad decisions themselves, and also can protect that money from people they owe money to like creditors, bankruptcy, lawsuits, and even spouses. #Kids #EstatePlan #Beneficiary #FillThatBucket, #Pevney #OrangeCounty #California #LagunaHills #SanJuanCapistrano

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