Two Spruce Law P.C.

As a parent, you may fear that a large inheritance could reduce your child’s motivation or sense of purpose, even if they do not receive it until well into adulthood. As discussed in our previously published video, there is a tool we can use, called precatory language, that can help you communicate your wishes for your children, and provide guidelines for your Trustee, leading to more responsible uses of inherited funds. By adding statements about fairness, educational priorities, family harmony, or anything else that matters to you, you can preserve flexibility while still expressing your values.

View the entire video here: https://www.facebook.com/share/v/1FQnJURTWC/ to learn more about how values-based guidance can preserve parental guidance without turning personal beliefs into rigid legal commands.