Grandma wanted to protect her grandchildren from making bad choices, especially her grandson, who had struggled with drugs. She believed that requiring them to be sober would ensure they didn’t blow their inheritance on drugs or alcohol. So, when her grandson went to rehab and presented a clean test, he was given his inheritance. Sadly, he used it all on parties, overdosed, and would have died if the police hadn’t arrived with Narcan in time. If Grandma had known, she would have been heartbroken.
There’s a better way to protect a loved one from addiction through an Inheritance Protection Trust. With this type of trust, the money is managed and can only be used for specific needs: health, education, a place to live, and food. This ensures that the inheritance can’t be spent on harmful habits like drugs, alcohol, or extravagant parties.
If you want to protect a loved one from their addiction and make sure your hard-earned money is used wisely, give me a call.
