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  • Estates Gone Wrong
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  • Related Resources
  • Legacy Lexicon
Spendthrift trusts help ensure that beneficiaries can’t squander their inheritance. They can also serve to protect assets from creditors. Rather than allowing the beneficiary to receive a lump sum, the trustee releases the money incrementally. 07 Aug
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Spendthrift Trusts: What Are They and How Do They Work?

Greed and Conflict Among Siblings in Inheritance Matters | Curated Content | Family Disputes | Estates Gone Wrong 30 Jun
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Greed & Conflict Among Siblings in Inheritance Matters

The future is unknowable, but centering your plan on your values and communicating regularly with your fiduciary and your family will set your family on the path to success. 04 Mar
  • by Estates Gone Wrong
  • Curated Content, Life Events

Resilient Estate Planning in The Face of Unexpected Life Events

If you wish to restrict the flow of inherited money to your child, you can do so through your will or trust. While there are legal limits on conditional gifting, you are generally free to structure an inheritance the way you would like. 07 Feb
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Bequests with Strings Attached: Are Conditional Gifts a Good Idea?

The legal dispute between Danny Bennett, the eldest son of Tony Bennett, and his sisters, Antonia and Johanna Bennett, has intensified in court. 16 Jan
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Tony Bennett’s Kids in Legal Battle: Estate & Trust Dispute

My mom, 65, inherited $450K when my dad died — but now she’s hooked on slots and burning through the cash. How can I protect our family’s assets before it’s too late? 27 Sep
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

My Mom Inherited $450k: Now She’s ‘Hooked on Slots’

Incorporating tools and strategies into your estate plan to mitigate a beneficiary’s spendthrift habits is vital to protect both the beneficiary and your assets. 21 Mar
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

Estate Planning Strategies for Managing a Spendthrift Beneficiary

It’s hard to know how much of Barbara Hutton’s tragic life was caused by her early inheritance. But her story still can be useful to help spare children and grandchildren the irreversible damage caused by too much money at too early an age. 14 Feb
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

The Woolworth Misfortune: How Not To Provide For Heirs

An Oregon woman —who "could not be contacted about the money despite numerous attempts to reach her"— died homeless, unaware she was entitled to over $800,000 in inheritance. 04 Jun
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

Woman Dies Homeless Unaware of $800k Inheritance

Disney is one of the biggest media companies in the world, with an estimated net worth of nearly $130 billion. From a family-trust-fund feud to generous philanthropic endeavors, here's a look at the three generations of the Disney family. 11 Feb
  • by Estates Gone Wrong
  • Curated Content, Infamous Feuds

Disney Family Feud as Heirs Battle for $400 Million Trust Fund

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Ever thought about gifting a property to your children? I recently had this very discussion with my own aging parents. This resulted in some important discussions about our family home, their goals and consideration for the tax outcomes of any decisions made...

Transferring the Family Home: Considerations for Canadians

Transferring property to heirs "inter vivos" offers emotional benefits and potential probate fee reduction, but can trigger an immediate capital gains tax liability and means a loss of control and potential exposure to your heir's creditors. 

Gifting Property to Your Heirs “Inter Vivos”: Pros and Cons

Major life transitions can cause stress that makes it hard to think clearly, leading to poor financial decisions. A Certified Financial Transitionist can help you manage the financial and emotional aspects of these events.

The Financial and Emotional Challenges of Major Life Changes

Staying informed isn’t just good practice. It protects relationships, builds trust, and ensures clients feel safe and supported. Consider bookmarking the BankSafe Dementia Hub as a go-to reference when navigating delicate client situations.

Dementia Hub: Fraud Prevention Resources from AARP

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