WEALTH CREATION – Estate planning for a financially irresponsible beneficiary.
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GUEST – Queen Malobane, Provincial General Manager: Gauteng at Metropolitan
Do you care if your Beneficiaries screw up their lives after you are gone? What if your legacy enables them to screw up their lives? If you were to die before your time, are you aware that in the absence of other arrangements in a properly constructed Trust, a child will fully inherit their portion of your estate at age eighteen in most states? It’s time to consider estate planning for an irresponsible child.
Do you care if your Beneficiaries screw up their lives after you are gone? What if your legacy enables them to screw up their lives? If you were to die before your time, are you aware that in the absence of other arrangements in a properly constructed Trust, a child will fully inherit their portion of your estate at age eighteen in most states? It’s time to consider estate planning for an irresponsible child.
