My lawyer said the way out is to sell everything now, and rent. But that is income……..or put all assests in kid’s name, or trust. Not always a good idea.
My lawyer said the way out is to sell everything now, and rent. But that is income……..or put all assests in kid’s name, or trust. Not always a good idea.
Many years ago my ILs set up trusts with theirs & the childrens (my husband & his brothers) names on them. Not sure how it all works tbh but I know they jumped through lots of hoops at the time.
I wonder about accessing inheritance, if by that time there are digital IDs, and we don't have them / have not submitted to the process of being Good Citizens ... ?
My lawyer said the way out is to sell everything now, and rent. But that is income……..or put all assests in kid’s name, or trust. Not always a good idea.
Many years ago my ILs set up trusts with theirs & the childrens (my husband & his brothers) names on them. Not sure how it all works tbh but I know they jumped through lots of hoops at the time.
I wonder about accessing inheritance, if by that time there are digital IDs, and we don't have them / have not submitted to the process of being Good Citizens ... ?