By Thomas D. Begley, Jr., Esquire, CELA<\/p>\n
When Should You Consider a Bloodline Trust?<\/em><\/strong><\/p>\n A Bloodline Trust offers protection to your children from: (1) divorce, (2) creditors, (3) death of children and subsequent remarriages of children\u2019s spouses, and (4) squandering the money.<\/p>\n Divorce <\/em><\/p>\n The old saying, \u201cWe can pick our friends, but we can\u2019t pick our family<\/em>,\u201d is particularly applicable in the case of sons- and daughters-in-law. Often, our children choose wonderful, trustworthy spouses with whom we get along very well. But occasionally, they choose partners who cannot be trusted, leaving us concerned for the emotional and financial well-being of our children and grandchildren.<\/p>\n A child\u2019s poor choice of spouse can translate into a parent\u2019s estate planning headache, particularly when there is a divorce. With 50% of all marriages and 70% of second marriages ending in divorce,[1]<\/a> this is not an uncommon dilemma. If there is a divorce, your son or daughter-in-law may wind up (more…)<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" By Thomas D. Begley, Jr., Esquire, CELA When Should You Consider a Bloodline Trust? A Bloodline Trust offers protection to your children from: (1) divorce, (2) creditors, (3) death of children and subsequent remarriages of children\u2019s spouses, and (4) squandering…<\/span><\/p>\n