How to Protect Inheritances for Future Generations

Loeb & Loeb partner Mary Ann Mancini is quoted on the importance of talking to children about their inheritances and the benefits of adding an independent co-trustee as a means of safeguarding a trust as separate property in the event of the beneficiary’s divorce. This article discusses the considerations that should be made when giving children or grandchildren an inheritance to ensure your wealth gets distributed in accordance with your intentions.