Many estate planning experts no longer advise distributing assets outright to heirs. Today's society is quite different from the 'Leave It To Beaver' and 'Walton Family' days. Just when a major distribution of your hard earned assets would occur- it could be partially or totally lost if the heir is being sued, going through a divorce, or becoming bankrupt or just happens to be one of the last of the big time spenders. Keeping assets in trust for the benefit of heirs may be in some cases a safer and better strategy for many families today. Work with a team of estate planning professionals for the best and safest plan for your family.
©1996 - 2003 Copyright EPI - CEPP - ABC LAW - All Rights Reserved