Protecting Your Legacy: The Case for Encouraging Adult Children to Establish a Separate Property Trust
As parents, ensuring the protection and preservation of our hard-earned assets for future generations is often a top priority. However, traditional estate planning may not adequately safeguard your legacy in certain circumstances, particularly when it comes to your adult children and the potential complexities of their marital status. That's where the concept of separate property trusts comes into play, offering a strategic solution for your children to maintain control over their inheritance despite external factors such as divorce, meddling in-laws, and creditors. Here at Botti & Morison, we understand the importance of implementing comprehensive estate planning strategies tailored to your ... Read More