Will Your Kids Fight Over Your Assets When You Are Gone? The Best Predictor Of Future Behavior Is Past Behavior

Will Your Kids Fight Over Your Assets When You Are Gone? The Best Predictor Of Future Behavior Is Past Behavior

If your kids never got along while you are alive, what makes you think they will get along when your gone? The old maxim “The best predictor of future behavior is past behavior” should be closely considered by parents who want to maximize the likelihood of a conflict-free transfer of family assets to their children. The risk of future legal conflicts between sibling trust beneficiaries can be managed in estate planning. Every long-term relationship, especially…

The Pirate Trustee & Beneficiary’s Rights to the Estate

The Pirate Trustee & Beneficiary’s Rights to the Estate

Living trusts are the preferred method for the efficient transfer of property to a beneficiary when the owner passes away. But like Caribbean cargo ships of the early 18th Century, the transfer of trust assets may encounter risks before reaching their destination. The most serious risk is that of the pirate trustee trying to steal the treasures of the estate. Often the trust raider attempts to hide the trust assets and the beneficiary is left…