By Attorney Ted Brown
One of the many benefits of a Living Trust is that it allows you a great deal of flexibility to customize distribution of your assets at your death to avoid undesirable and unintended consequences. One such consequence is an ex-daughter-in-law (or ex-son-in-law) ending up with your assets instead of your grandchildren or remaining family members.
A Living Trust can be specifically drafted to state that, should your daughter pre-decease you, her share will not go to her ex-husband. In addition, the Trust can be used to ensure that her share will be used for the benefit of her children. If those children are minors, the Trust can be drafted to ensure that the funds are managed for their benefit by someone you designate.
Call us today at 1-800-798-5297 to set up a free consultation to learn more about how a Living Trust can help you plan for the unexpected and make sure your assets end up in the hands of your loved ones.