Inheritor’s Trust

Generally just a typical child’s trust, but denominated with a name that implies something more. A well planned trust for any heir, prepared with the heir’s perspective in mind, could be referred to as an inheritor’s trust. For example, if your parents are going to leave you an inheritance out right (i.e., no trust, just directly to you) there are significant advantages to establishing a trust to receive the inheritance for you. It can avoid any estate tax on your death, protect the assets you receive from lawsuits or divorce, and more.