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What is the most overlooked estate planning concept?

April 26, 2017concept estate planning overlooked

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What is the most overlooked estate planning concept?

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No one should leave their property to either a spouse, children or other person without the protection afforded by a spendthrift trust. A spendthrift trust protects “inherited” property from the inheriting persons creditors and can also pass the property free of estate taxes to successive generations and the inheriting person can still have “control”.