Trusts and Your Heir with Special Needs
Trusts are a common estate planning tool and are used to keep assets out of a probated estate or to reduce an estate tax burden. Trusts can also be used to protect one’s heirs. There are instances when it may not be in a person’s own best interests to inherit funds directly. A direct inheritance may prove detrimental in the case of an heir with special needs. The families of individuals with…
