1 Way to Keep Your Child from Losing Their Inheritance | Estate Plan Pros
Protect your children with this one trust

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Financial risks abound in today’s society – from lawsuits to divorce to creditors, your children face increasing financial peril.  So what can you do about it, beyond giving them the card to your insurance guy?  Thankfully, there is one new powerful tool you can use to protect your child’s inheritance.

Direct = No protection

Most estate plans are designed to handle the closing costs and then divide everything between the children.  The successor trustee ends up writing a number of checks to different individuals, who then deposit the money.  Everything going directly to the beneficiary has zero protection from creditors, lawsuits, or even divorcing spouses.

Creating the “Force Field”

Instead of receiving their inheritance directly, each of your beneficiaries may instead receive their inheritance in a special trust, which springs out of your Living Trust. This continuing “Personal Asset TrustSM” (or “PAT”) can be controlled by each beneficiary in such a manner as to virtually give him or her all the same rights as ownership, without the liability exposures ownership brings.  Your child now has an effective “force field” around their inheritance making it much more difficult for anyone else to take their inheritance from them.

Who is This For?

Even children who are great with money are exposed to financial risks.  This type of trust is perfect for anyone who wants to give their children more than just an inheritance.  When you create a Personal Asset Trust for your children, you are giving them a protected financial asset.  Their inheritance can now become a cornerstone in their fiscal strength and well-being. 

Two Easy Options

Creating this type of trust can be done when we create a new estate plan for an individual or a couple.  It can also be implemented through an amendment to an existing estate plan. 

Free Personal Asset Trust Report

Learn more about how a Personal Asset Trust can protect your childrens inheritance with this easy to read report.


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Erik Hartstrom

Erik is the founder of Estate Plan Pros, a leading estate planning practice in Elk Grove.  Erik’s practice focuses on Estate Planning Law. In Estate Planning, Erik works with clients to make the process simple, so clients can focus on more important things. He is a local authority for specialized estate planning instruments, like Special Needs Trust, Irrevocable Trusts, or other focused documents. Erik has litigated, negotiated, and mediated the gamut of family law cases. With this unique perspective as a family law and estate attorney he can often spot issues otherwise overlooked. Prior to graduating he worked as a legislative analyst for a non-profit organization, and volunteered as a youth counselor. Erik currently participates in local politics and is an active member of his local church. Erik is very happily married and has two young sons. Together, his family loves to get outdoors and enjoy the varied activities the Sacramento region has to offer.


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