Traditional, very simple estate planning may not be sufficient to accomplish estate planning goals in many blended family situations.
Life Stages Planning
It is a longtime investor’s worst fear: retiring into a bear market. A downturn in stocks can be a blessing in disguise when you are still working and saving for retirement, because you are able to buy shares ‘on sale.’
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.