Many people think that trusts are only used by highly wealthy people. Although uber-wealthy folks certainly use trusts, many others may find them beneficial as well.
Indeed, many working folks will find great utility in establishing trust. One of the principal benefits of many trusts is to manage spending and protect beneficiaries from poor decisions and waste. Whether you are a single parent, the parent of a millennial starting in the workforce, a person in a domestic partnership or someone married with kids, certain types of trusts could be the right option for you.
To start the conversation with an experienced estate planning attorney, contact Meurer Law Offices P.C. today.