- Jurisdiction
- Georgia
Here is the scenario: Dad setting up trust to be administered after passing of he and spouse. Trust 50/50 to son and daughter. There will be a cap on distribution each year. Dad wants NO MONEY ever to be accessible to son-in-law. However, Dad DOES want money to be accessible to daughter-in-law if his son passes first. Financial Planner & Estate Attorney are telling him this can only be accomplished through a blood-line trust and that means that if his son pre-deceases his wife she will get nothing and all will go to his children (grantor's grandchildren).
Is there ANY WAY to split Dad's money 50/50 in a way that one child can have their money shielded from their spouse but the other can have their spouse be a beneficiary of their half?
Is there ANY WAY to split Dad's money 50/50 in a way that one child can have their money shielded from their spouse but the other can have their spouse be a beneficiary of their half?