Leaving an inheritance is often intended to give children and other loved ones a stronger financial foundation. Parents may want their beneficiaries to enjoy the property, savings, and investments accumulated over a lifetime. However, an outright inheritance does not always provide the long-term protection families envision.
A beneficiary may experience divorce, financial difficulties, creditor claims, disability, or other circumstances that put inherited assets at risk. An inheritance received as a lump sum may also be difficult to manage for someone who is inexperienced with significant financial responsibility.
Robert P. Bergman helps California families consider these concerns through estate planning that can include continuing trusts and other inheritance-protection arrangements. His work focuses on structuring distributions around the needs of individual beneficiaries while accounting for the legal requirements that govern trust administration.
