Estate plans are designed to protect your hard earned assets. Often times they can be set up to distribute the assets to beneficiaries at different times. By scheduling these payouts, you ensure that your assets will have longevity.
Unfortunately, this method can leave your beneficiaries open to paying off creditor claims, lawsuits and even their soon to be ex-spouse.
By changing the verbiage in your trust, you can continue to protect your assets from these and other untimely events.