Britney Spears is Drafting a New Will to Protect Her Kids
Britney Spears has elected to redraft her will in order to better benefit her two boys. Her current will leaves her entire estate to Sean, 11, and Jayden, 10. The issue with the will is that it leaves her fortune to her children when they turn 18. Spears has decided that leaving millions of dollars to teenagers may not be the best course of action and has instead chosen to place her assets into a trust upon her demise. The trust would limit her children’s access to monies based on their age. This arrangement also helps the estate avoid inheritance taxes it would otherwise owe.
See Britney Spears is Drafting a New Will to Protect Her Kids, TMZ, August 16, 2017.
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