• Incentive Trust Planning
  • Plan Package
  • E-Book
  • Connect With Us
<
>

More on Incentive Trusts

Have you ever seen the movie “The Ultimate Gift?” If so, you might have a general idea of what an incentive trust could look like. The general idea of an incentive trust is to motivate or “incentivize” certain behaviors and/or discourage undesirable behaviors by making the receipt of assets contingent upon compliance with or forbearance from those behaviors.
For example, you might want to tie the receipt of certain assets to:
  • Educational achievement​
  • Health standards (no drugs or alcohol, regular exercise, no tobacco use, etc.)
  • Moral standards
  • Playing a certain role in a family business or venture
  • Philanthropic activities
While all of these might sound like good ideas, incentive planning can sometimes breed resentment, overlook other needs, or unnecessarily restrict funds. We can discuss the pros and cons of incentive trusts and help you avoid any pitfalls. Give us a call at (855) 335-1060 to find out if an incentive trust would be right for you and your posterity

E-book: "Estate Planning For The Family Forest"

Planning for your posterity is an important matter especially if you want to help generations of your family tree well into the future. You want them to be rooted in family values, while having the space and freedom to grow individually. Our upcoming E-Book, "Estate Planning For The Family Forest" discusses important aspects of multi-generational planning including what can be done in your planning, how to nurture values, and how to incentivize your posterity to grow the family tree the way you would want them to.

Learn More