How to Protect the Financially Challenged Child
Ideas to assist you in making plans for tomorrow
It is increasingly common today for parents to have concerns about one or more of their children’s money management skills and judgment. These concerns may arise from a variety of factors including substance abuse, gambling, a spouse that is perceived to be untrustworthy, and sometimes just plain run-of-the-mill immaturity. Regardless of the source of the concern, many parents desire to impose certain controls so that a child’s inheritance will not be squandered or mismanaged.