Incentive Trusts: Palm Beach Trust Creators Should Consider

Did you create family wealth and now have this idea of creating a massive Palm Beach family trust?  Hold on….. creating wealth or a Palm Beach trust may not be the difficult part.  How your kids and grand kids view that Palm Beach trust may be a challenge.  Consider incentive trusts so that you pass along more than just $$$ to your generations….pass along your VALUES.  Check out this Amy Feldman article on incentive trusts in this week’s Penta insert of Barron’s.  www.barrons.com  God knows that our Palm Beach trust litigation law firm has seen a lot of slacker beneficiaries and trust lawsuits over Palm Beach trust money.