A Trust May Be An Effective Tool To Provide For Your Children

When you work with Ketlinski Law Office, PLLC, in Meridian, Idaho, I will review your overall financial structure and your individual estate planning goals and explain whether a trust is appropriate to protect your family. Many parents of minor children decide to create an estate plan to protect their minor children should the unexpected occur. A parent can nominate a guardian in a will to raise his or her minor children should the parent pass away. However, a guardianship generally does not address the management of a child’s inheritance. When significant assets, or real estate including the family home are involved, it may be appropriate to address the inheritance with a trust. Choosing to work with an estate attorney at Ketlinski Law Office means having peace of mind knowing that your children’s future is in good hands. It is never too early to start planning! Give us a call today at (208) 288-4444 to set up your appointment for living trusts in Meridian, ID.

I help individuals understand the legal options that may be available to protect children under Idaho law, including:

• Creating a trust to manage a minor child’s inheritance
• Special needs trusts to protect the inheritance of a child with a disability
• Guardianships for minor children or disabled adult children
• Conservatorships to address financial decisions

Creating a trust for a minor child can allow a parent to select who will manage a child’s inheritance. You may want your child to attend college — a trust can be used to pay tuition. A parent may have concerns that a child may mismanage an inheritance at the age of majority and create a trust to manage assets into the child’s adulthood.