Can money be taken away from a child if you leave it to him or her as an inheritance? We often hear this important question. If you get sued or divorced, will your children be financially secure? In most wills and estate plans, money can actually be taken from a child. If you leave an asset to your child in joint name with his or her spouse, then it is considered marital property and can be taken away in a divorce or lawsuit. We can help you prevent this from happening. Certain types of trust don’t allow this, and you can protect your children by creating one. We can also help you make sure that money is taxed as little as possible. We have had a lot success in this area, and we want to help you too. Give us a call at 610-933-8069 for more information or to set up an appointment.
David M. Frees, III
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Attorney, Speaker and Author