My sister just died and left me as the trustee for my 12-year-old nephew’s $100,000 inheritance. It’s a lot of responsibility — what do I do first?

When an adult inherits money, there is often freedom in how they can use it, unless specified otherwise through a will or ...
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Protecting Your Legacy: How an Inheritance Trust Keeps Money in the Family

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Inheritance trusts take on critical importance in wealth management, particularly for ...
The Motley Fool

Is a Living Trust Really the Best Way to Pass an Inheritance To Your Family?

A living trust can be modified while the trustor is still living. Using a living trust helps people avoid the probate process. A will may be the better option for people with simple estates. These 10 ...
Columbus Dispatch

Using a living trust to pass down an inheritance has a hidden benefit that everyone should know about

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning is one of those things that's ...
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5 Reasons to Seriously Consider Using a Living Trust to Pass an Inheritance to Your Family

The phrase "trust fund" might conjure images of a spoiled teenager, but trusts are powerful legal documents that many people should consider when estate planning. Some families' financial ...
The Motley Fool

Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?

Living trusts provide exceptional flexibilty and control in estate planning. Some trusts can help minimize tax liability, but not every trust offers those benefits. Those features need to be weighed ...