Planning for Life

How to Protect a Child's Inheritance from Divorce in Massachusetts

Posted by Harry S. Margolis on August 24, 2021

By Harry S. Margolis

family-protection-trusts-margolis-bloom-estate-planningParents are often concerned about whether the inheritance they leave their children will stay in the family in the event a child is divorced or passes away. Typically for long-term marriages, in the event of divorce, all assets are split down the middle no matter their source.

Divorce or Remarriage Can Disinherit Children and Grandchildren

For example,

Bob and Jane marry, embark on a life together and have children. Years later, Jane's parents die and she inherits a nest egg of $500,000. After the children leave home, Bob and Jane decide that they'd be much happier going their separate ways and divorce. In all likelihood, half of Jane's nest egg will go to Bob. 

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Topics: divorce, creditor protection, family protection trust

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