Providing for the people who matter most to you is one of estate planning’s overarching goals. An inheritnace can go a long way toward ensuring the security of your partner, spouse, or children after you’re gone. But sometimes our loved ones need to be protected from themselves. Reckless spending and the claims of creditors can quickly eat away at what at first seemed like limitless reserves. By establishing a spendthrift trust, you can help safeguard the assets you leave to your loved ones and ensure that they go only toward worthwhile expenditures.
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