How can you protect your children's inheritance? This is often called bloodline planning. Bloodline planning ensures that your assets reach your children, grandchildren, and other relatives rather than ending up in the wrong hands. - When assets are distributed to beneficiaries, they are received as a direct lump sum payment. However, this means that much can be lost as these assets become part of the beneficiaries’ estate and are at risk of attack from future divorce settlements, creditors, and taxation. - By strategically using trusts, wills, and estate planning, Michael Asha can ensure that your children and grandchildren fully benefit from the inheritance you want them to receive. Simultaneously, it can protect the family home and other assets from being lost to the costs of long-term care. - It is important to consider what might happen if your surviving spouse were to remarry. How would it affect your own children if your spouse changed their will in favor of their new spouse and any subsequent children? Moreover, if you already have children from a previous marriage, how do you ensure that they receive their fair share? - If your children are very young or have special needs, how do you guarantee that they are fully provided for? Additionally, if you have built up a business, it would make sense to protect it for your family's benefit. - Leaving everything to chance is not advisable. With professional help and the correct type of planning, all these problems can be solved. Our expertise will ensure that your assets are fully protected from attack and immediately available to your loved ones after you're gone. Contact us today to schedule an appointment with one of our wills and estate planners.
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Video instructions and help with filling out and completing Will Form 3520 Distributed
