That’s the problem. 4 attorneys, all who specialize in Trusts and Estate Planning. 4 different opinions and all are able to say why the other options are wrong and theirs is correct!
It’s a simple issue. What type of trust will protect my kids from themselves and who should the money come from...
My Uncle passed away in England. A sum of money has been offered to my children if the money is held in trust. It could be paid to me and I gift it to my children, or paid directly into the formed trust. Inheritance tax is not applicable. UTMA/UGMA will not work for us as we do not want our...