In the prior post from February 21st, I identified circumstances that resulted in the destruction of family wealth. In this post, I want to address what Frank Brunetti terms “Sandbox Issues.
Sandbox issues are conflicts among siblings during childhood that remain unresolved into adulthood, until they erupt in direct conflict over the assets of the parents. These conflicts may arise at the time of a parent’s death or prior to death when the parent is either disabled or easily influenced by one or more children.
It is important for an attorney to identify potential conflicts in advance, so the documents can be drafted in a manner that will deal with these potential issues. A child may also face other issues, such as tax problems, judgments, and divorce. Although these are not classic sandbox issues, they must also be taken into account in the planning process so an individual will not be tempted to divert funds...
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.