Inheritor’s Trusts CLE Course

Earlier on this blog, I discussed the relative new concept of the “inheritor’s trust”  in which a person who hopes to be the beneficiary of a will, typically a child who anticipates being named in his or her parent’s will, establishes a trust containing the dispositive and administrative provisions the child determines are in that child’s best interest.  Often, these provisions help protect trust property from the person’s creditors, potential ex-spouses, and wealth transfer taxes. The person then goes to his parents, grandparents, other relatives, and friends and importunes them to “leave your property to this trust that I have established for my benefit.”

The State Bar of Texas is sponsoring a telephone CLE course on January 27, 2006 entitled The Inheritor’s Trust to discuss the benefits of this new technique.