The Estate Planner - September/October 2019

Shumaker, Loop & Kendrick, LLP
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Is silence golden?

The good and the bad of keeping your trust a secret -

It’s common for parents to set aside money or other assets in trust for their children or grandchildren. At the same time, many parents agonize over the impact this wealth may have on their heirs. Will the promise of a significant inheritance encourage financial irresponsibility or recklessness? Will it provide a disincentive to higher education and gainful employment?

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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