Last column I explained how a son’s drug addiction was a serious threat to his mother’s estate plan. Even though he had no desire or intention to interfere with his mother’s wishes, his choices required that she take extra precautions to ensure any inheritance helped – rather than harmed – her son. A trust allowed her to accomplish this even after she passed away.
Even though this son’s flawed choices created the hurdle his mother had to overcome, there are other complications of life in which no one is at fault. These circumstances should also be addressed. Perhaps the most common example is the blended family.