Dangers of Outright
Inheritance

The river signifies where your assets go when you die. The “3 streams” of probate, contract and operation of law lead to “1 river” where your loved ones will receive them upon your death.

Should you hand them over to your beneficiaries without any protection? Without protection, they could get caught up on rocks, tumble under rushing rapids, or go over a waterfall, losing the inheritance.

Consider these questions:

• What if your beneficiary is a spendthrift or subject to judgment creditors?
• What if your spouse remarries after you die?
• What if your spouse becomes a financially vulnerable person as they age?
• What if your beneficiary gets divorced?
• What if you don’t want your beneficiary’s spouse to get their hands on the inheritance?
• What if YOU are divorced and your unmarried, childless child dies before your former spouse?
• What if your beneficiary is disabled or becomes disabled after your death?

Sometimes, outright inheritance is risky.

Edwards Estate & Elder Law can help you understand the dangers of outright inheritance and how to avoid them with trust planning.