Tag Archives: spendthrift trusts
Ensuring Inheritances are Spent Appropriately
Trust funds are created with the intent to provide for a loved one financially. Despite this, some grantors may be concerned that beneficiaries will squander allocated funds once they start receiving an inheritance. Fortunately, there are provisions that exist to help regulate the use and distribution of assets. Spendthrift provisions A spendthrift provision is specific […]
What is a Spendthrift Trust?
Do you have a son or daughter who is financially irresponsible? Do you worry about the decisions he or she may make after you die? You are not alone. Many parents have concerns about their children squandering their inheritance and making foolish investments. One solution is to leave your child nothing. Florida law allows you […]