Using Trusts to shelter assets from your children's ex spouses can be a prudent and strategic financial move. In an age where divorces are common, safeguarding family wealth is paramount.

Using Trusts to shelter assets from your children's ex spouses can be a prudent and strategic financial move. In an age where divorces are common, safeguarding family wealth is paramount. Trusts, such as Dynasty Trusts or Spendthrift Trusts, allows parents to protect assets for their children's benefit without exposing them to potential claims from former partners. By placing assets into a Trust, parents can ensure that their hard-earned wealth remains within the family, providing financial security and peace of mind. However, it is crucial to consult with legal and financial advisors to tailor the Trust structure to your specific circumstances, ensuring that your intentions are legally sound and your assets remain secure from potential complications arising from divorce or contentious relationships.

If you have questions about Trusts or any other estate planning tools or techniques, give us a call at 253.858.5434 to set up an appointment today. We represent clients throughout Washington and Idaho and are available to meet in person, by phone, or via video conference.