Protect Your Wealth With a Spendthrift Trust in Florida
When it comes to protecting your wealth, a spendthrift trust may be the perfect solution. Spendthrift trusts are named after the principle that if an heir is bequeathed too much money, they may mishandle it and quickly lose it all. If you are worried about your loved ones wasting their inheritance, consider setting up a spendthrift trust. A spendthrift trust is a type of trust that allows you to control how your money is spent, even after you pass away. Spendthrift trusts can help protect your assets by setting up guidelines for how the trust’s funds can be used. These...