March 26, 2024

26 Mar 2024 · 1 min
0:39

In this brief estate‑planning segment, Jerry Taylor explains how to ensure a house left to a child remains protected if the child later divorces. He advises placing the property in a revocable or irrevocable trust and appointing an independent trustee—such as a bank’s trust department or a professional trust company—rather than the child themselves. The child and their spouse may reside in the home, and upon the child’s death the property can pass to the child’s own children. Taylor notes alternative methods exist but emphasizes the trust‑with‑independent‑trustee approach as the safest. The clip ends with a call‑to‑action to subscribe to his newsletter and engage his services.

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