Protect Your Children From Themselves With A Spendthrift Trust

For families whose children will eventually inherit very significant wealth, and feel they are not financially responsible, Rob Clarfeld recommends setting up trusts with a ‘spendthrift provision’ and other protective clauses to insure the beneficiary doesn’t deplete the funds right away.

from Forbes Real Time https://www.forbes.com/sites/robclarfeld/2017/10/04/protect-your-children-from-themselves-with-a-spendthrift-trust/
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