Tupper Butler Law

An estate plan, specifically a trust, prevents a child’s inheritance from being given to them as an unprotected lump sum at age 18. A trust provides a framework for responsibly managing the inheritance over time.

While it's something that none of us want to think about, it's something we, as parents, should all consider - for a family without an estate plan, a judge will decide who raises children and manages any inheritance of children that have lost their parents. This person may not be someone the parents would choose. A will is the only way for parents to nominate a legal guardian for their minor child. This nomination is crucial, as it gives clear guidance about the parent’s wishes and carries significant weight in court.