Los Angeles and Santa Clarita Estate Planning, Living Trusts, and Probate Attorney Robert Mansour

Protecting Your Heirs

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There are many reasons how estate planning can actually protect your heirs:

Protecting a child in a divorce-prone marriage by restricting control and access of family assets
Protecting a handicapped heir from judgment errors by using an independent trustee
Protecting a disabled beneficiary from losing government benefits due to an inheritance
Protecting underage heirs from the questionable judgment of others (e.g., an ex-spouse, peers, etc.)
Placing a gatekeeper on the inheritance of a known spendthrift or drug abuser
Encouraging grandchildren to attend college by setting up educational trusts
Placing no contest clauses in wills and trusts to discourage heirs from challenging the client's dispositions
Delaying distributions for young heirs until they are hopefully more financially mature

If you have any of these concerns, a properly drafted estate plan can go a long way to helping you and your family achieve your goals and protect your assets. Just like anything else in life, failure to plan can result in dramatic failures.