Handling estate issues can be challenging for people in various situations, but it can be especially tough for some, such as those who have significant assets or people who have recently split up with their spouse. If you have gone through a divorce, or are thinking about bringing an end to your marriage, it is vital to go over how this change could impact your estate and figure out which steps need to be taken to protect your property. Our law office knows that this can be an emotionally charged time, but you should not let stress and other emotions get in the way of securing your estate.
What are spendthrift trusts?
There are many options when it comes to trusts, but creating one that is appropriate under your own personal circumstances is essential. From revocable trusts to irrevocable trusts, there are an array of choices people have. Depending on your situation, a spendthrift trust may be the ideal path forward. In Cincinnati, and all over the state of Ohio, these trusts have helped many people ensure that their assets are distributed according to their wishes.
