From the Attorney’s Desk by Jason Krautkramer, J.D. Eckert & Krautkramer, LLC mailto:jason@eckertlawllc.com 630 N 4th St, Wausau, WI 54403 eklawwi.com 715-842-0907 jason@eckertlawllc.com How Your Children Receive Their Inheritance Inheritance planning is not just about how much each child gets but also about how they receive it. These decisions can be different for each child. For older children who responsibly manage their finances, a lump sum may be the right choice. For younger adult children, you could consider distributing the inheritance in installments at certain ages (e.g., one -half at age 25, and the rest at 30). You can provide partial distributions to help a child during a major life event, such as making a down payment on a home. If you have a child who struggles with managing their money, selecting a third-party trustee to oversee their inheritance may be wise. If you have a child with special needs, it is crucial to structure their inheritance so as not to disqualify them from government aid. We can help you navigate these important choices and create a plan that is right for your unique family. From the Attorney’s Desk by Jason Krautkramer, J.D. Eckert & Krautkramer, LLC mailto:jason@eckertlawllc.com 630 N 4th St, Wausau, WI 54403 eklawwi.com 715-842-0907 jason@eckertlawllc.com How Your Children Receive Their Inheritance Inheritance planning is not just about how much each child gets but also about how they receive it. These decisions can be different for each child. For older children who responsibly manage their finances, a lump sum may be the right choice. For younger adult children, you could consider distributing the inheritance in installments at certain ages (e.g., one -half at age 25, and the rest at 30). You can provide partial distributions to help a child during a major life event, such as making a down payment on a home. If you have a child who struggles with managing their money, selecting a third-party trustee to oversee their inheritance may be wise. If you have a child with special needs, it is crucial to structure their inheritance so as not to disqualify them from government aid. We can help you navigate these important choices and create a plan that is right for your unique family.
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