Page 80 - Ultimate Guide to Estate Planning
P. 80

Almost always, we find a way to distribute the
                                funds to the heirs entirely.




                                Very few people have the core value of, "I want
                                you to be engaged in drug abuse or go see every
                                major sports event for the next three years. Go
                                to every Superbowl, World Series game,
                                concert, or major event and have nothing left to
                                show for it after that." Most people would not

                                want their wealth to be spent in that way.  Most
                                people, when offered a choice, want to give their
                                guiding  principles with their  wealth. If
                                somebody feels that it's too controlling, then

                                maybe what you need to have is more of these
                                guiding principles, or “triggers”, that allow
                                them to have easier access to it. Maybe you
                                should add some periodic lump sum
                                distributions, of reasonable amounts, even a
                                discretionary        trigger,     that      allows      the

                                distribution trustee to make lump sum
                                distributions if they deem advisable.


                                What are the typical fees and costs
                                associated with working with you?
                                The fees are agreed to up front. The initial
                                meeting provides an idea of the triggers and the

                                design you need, the amount that you have, if
                                it's a taxable estate,  and whether state or
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