Morris & Morris, A Law Corporation - Estate Planning

May 2020 Archives

How can I control how my heirs spend their money?

If you have been thinking about your estate plan recently, likely, you will already have a good idea of the people whom you would like to inherit your estate. You may want to leave your estate to your children or grandchildren. If this is the case, you may have some concerns about whether inheriting a large sum of money will be detrimental to their long-term well-being. If a person inherits a large sum of money when they are not wise enough to make smart decisions with it, they may be frivolous with their inheritance.

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