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What incentives should my trust include to motivate my children and grandchildren?

In defense of incentive trusts. Some estate planners discourage use of  incentive trusts, which require heirs to meet certain conditions. But New Jersey-based lawyer Robert Moshman believes they have their advantages. “They can reward education and hard work, provide funds for ambitious enterprises, delay the distribution of funds, and set guidelines as incentives,” he writes on Wealth Strategies Journal. And as options go, using an incentive trust is “a lot less severe than cutting off funds entirely to build character.”

At DRC, we believe our clients should strive to create incentives for their families, to earn wealth, to build wealth, and to bless others.  Incentives are what motivate each of us to get up each day and improve our world, and they should be an important part of each estate and wealth transfer plan.

MWR