When is the best time for beneficiaries to Inherit?

Often times when I discuss drafting a Will for a client, we talk about whether the client’s children that are the beneficiaries should inherit outright or in trust. For many clients, if the child is over 21 or 25, the assumption is that the adult child should inherit outright. But is that really the best idea? So many factors should be considered in determining what is right for your estate plan and your beneficiaries. Once a person inherits, the money is his or hers and is subject to his or her creditors, divorce and other personal liabilities. While many want … Continue reading → The post When is the best time for beneficiaries to Inherit? appeared first on Black Slaughter Black.

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