There are ways to provide strong protection against adult children squandering their inheritance. Learn about protecting inherited assets.
Two Methods of Passing Inheritance
Simple Method
Give it to them outright individually—they can do whatever they want, sometimes leading to bad results.
Preferred Method (With Concerns)
Use a trust structure. Appoint a responsible, capable successor trustee who acts as a check on distributions. This prevents money from being completely wasted at the beneficiary's whim and discretion.
Explore comprehensive wealth strategies for protecting family assets.
