Protecting family wealth: Trust strategies to secure inheritance for grandchildren.

In this discussion, Pat and Scott address a common concern among parents: how to structure a family trust to ensure that grandchildren inherit wealth while protecting assets from spouses of adult children.
Key topics covered include:
-The basics of revocable vs. irrevocable trusts
-Strategies for allocating assets to avoid unintended distributions to in-laws
-The importance of discussing estate plans with family members
-Options for setting up trusts that distribute wealth at milestones or under specific conditions
-Real-life examples of trust structures and the potential challenges involved
Join us as we explore practical solutions for estate planning and wealth preservation to keep family dynamics intact. Don’t forget to like, subscribe, and hit the notification bell for more expert insights on financial and estate planning!
Join Money Matters: Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. You can also be on the air by emailing Scott and Pat at [e-mail].
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