A good example of why it's often not a good idea to leave an Inheritance outright to a young child, and better to instead consider an ongoing trust, staggered and/or contingent distribution schedule, or simply a greater age than 18, 21, or 25 for outright distribution:
From Trust Fund Kid to Average Joe: What Blowing a $250K Inheritance Taught Me, as told to Marianne Hayes, LearnVest.com, September 9, 2014.
This post first appeared on California Business Law Blog: Law Office Of Jonas, please read the originial post: here
