From Trust Fund Kid to Average Joe: What Blowing a $250K Inheritance Taught Me, as told to Marianne Hayes, LearnVest.com, September 9, 2014.
Showing posts with label inheritance. Show all posts
Showing posts with label inheritance. Show all posts
Tuesday, September 9, 2014
How Not to Leave an Inheritance to a Child
A good example of why it's often not a good idea to leave an inheritance outright to a young child, and better to instead consider an ongoing trust, staggered and/or contingent distribution schedule, or simply a greater age than 18, 21, or 25 for outright distribution:
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