How a Restricted Beneficiary Form Can Kinda Act Like a Free Trust
Do you have children or grandchildren that aren’t really good with money? You know the type, the ones who as kids, had their allowance spent before it was even in their pocket and now they have $20,000 in credit card debt and spend money even faster than a drunken sailor. Or maybe you have a child or grandchild who is struggling with drugs or gambling and a big lump sum of money would only make things worse. Or maybe you don’t really like your daughter’s...
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