One of the biggest challenges for those who are dealing with estate planning can be ensuring that they consider all of their assets when making a will or other plans. While most people who get this far with estate planning have the major assets such as homes, real estate and active cash accounts covered, it's easy to forget about inactive assets or smaller items. One thing you might never think about, for example, is a time share.
Getting your way with an incentive trust
Over your life, you worked hard to build wealth and gather assets. You might not want to leave them behind when you pass simply so they can go to waste. If you know that your heirs aren't great with money or you think they are shying away from success, you might create an incentive trust to encourage them to do something desirable.
