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#292 - Ryan Heath - Founding Attorney @ Baker Heath, PLLC - Estate Planning 101
The Fort - An Entrepreneurship Podcast
How to Split a Trust for Future Children
Do you start with the same template for each child as they come into the world? Or would there be any reason why you might do something different with baby number two than baby number one? Yeah, for my particular situation, I set up a trust just for Gigi. And if we have future kids, we'll do separate trust for them. A revocable trust is really just a substitute for a will. There's no spousal protection and there's really no estate tax savings in a revocableTrust.
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