Helping Parents Protect Young Children Through The Use Of Trusts

We’re often asked by clients how they can make sure that their young children are protected, and provided for, if they are unable to care for them for themselves due to incapacity or death. Our answer is that one of the best ways for parents to protect their children is through the use of a trust as part of their Estate Planning.

With the use of a trust parents can: protect assets and make sure funds are available when their children need them, designate care for their children, make sure assets are protected from third parties, have someone oversee financial decisions to ensure funds are used appropriately, provide for education, and communicate their values and hopes for their children.