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Kiplinger
Kiplinger
Business
H. Dennis Beaver, Esq.

The Spendthrift Trap: Here's One Way to Protect Your Legacy From an Irresponsible Heir

Abel Dennis Beaver Building Wealth
A man's hand reaches for a very tall stack of cash.

"Arthur" asked one of the most frequent questions I hear from readers about one of the biggest frustrations in estate planning:

"Is there some way to prevent a financially irresponsible child from squandering his inheritance and winding up on the street or from others trying to take those funds to satisfy debts?"

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