From the Attorney’s Desk by Jason Krautkramer, J.D. Eckert & Krautkramer, LLC 630 N 4th St., Wausau, WI 54403 eklawwi.com 715-842-0907 jason@eckertlawllc.com 178658 Using a Revocable Trust for a Minor Child For most families, the best option to leave assets to minor children is to use a revocable living trust. Like a testamentary trust, it lets you choose who will manage money for your children and how they receive it. A revocable living trust comes into existence when you create it, so it can govern how your children receive financial support from you when you are both living and deceased. Another advantage is that it does not require probate. With a living trust, you can control the age or milestones, such as graduation or buying a home, when your children will receive their inheritance; provide for each child’s circumstances; and protect the inheritance from your children’s creditors, divorcing spouses, or poor spending decisions. With a trust, you are not just leaving a gift; you are protecting what you have worked so hard for, for their benefit. Call to schedule an appointment today. From the Attorney’s Desk by Jason Krautkramer, J.D. Eckert & Krautkramer, LLC 630 N 4th St., Wausau, WI 54403 eklawwi.com 715-842-0907 jason@eckertlawllc.com 178658 Using a Revocable Trust for a Minor Child For most families, the best option to leave assets to minor children is to use a revocable living trust. Like a testamentary trust, it lets you choose who will manage money for your children and how they receive it. A revocable living trust comes into existence when you create it, so it can govern how your children receive financial support from you when you are both living and deceased. Another advantage is that it does not require probate. With a living trust, you can control the age or milestones, such as graduation or buying a home, when your children will receive their inheritance; provide for each child’s circumstances; and protect the inheritance from your children’s creditors, divorcing spouses, or poor spending decisions. With a trust, you are not just leaving a gift; you are protecting what you have worked so hard for, for their benefit. Call to schedule an appointment today.
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