Imagine a trust that adds a layer of protection helping shield an inheritance from divorces, lawsuits, bankruptcies, nursing homes, and estate taxes? At the Bernstein Law Group, PC we have created such a trust – called the Personal Inheritance Trust℠.
Who can benefit from a Personal Inheritance Trust℠?
First of all – You!
If you anticipate receiving an inheritance from a family member, then you could have a Personal Inheritance Trust℠ created to receive the inheritance. By having the inheritance not go to you outright, but be redirected into your own Personal Inheritance Trust℠, you will maintain control over the inheritance, but obtain the protections and tax benefits that would otherwise be lost.
Second – Your loved ones!
Instead of leaving your family their inheritance outright, you can create a Personal Inheritance Trust℠ for each of your family members so that upon your passing, the inheritance they receive from you will have the protection a Personal Inheritance Trust℠ affords.
Call us to learn more about our Personal Inheritance Trust℠.