Can you protect the inheritance your children and grandchildren will receive from lawsuits, divorces and imprudent spending? Yes, you can. A carefully drafted trust can protect their inheritance, from others and themselves, by distributing your assets over a period of years. In that way, just like the toothpaste that remains in the tube, it is safe until it is squeezed out. This is a strategy that should be discussed with your estate planning attorney.
-Attorney Jack N. Alpern