The big idea:
Even adult children (yes, even at 50) can benefit from a trust. It’s not about control. It’s about protection.
5 key reasons to use a trust for an adult child:
💼 Asset protection: Shields inheritance from lawsuits, creditors, or divorce. Especially smart if your child owns a business.
🧠 Health or addiction concerns: Helps manage inheritance if your child has medical or substance abuse challenges.
💸 Financial immaturity: Builds structure into how/when money is accessed.
👪 Blended families: Protect inheritance in second marriages or complex family situations.
🧬 Generational wealth: Keeps your legacy in the bloodline with long-term planning.
Trust types to consider:
Revocable living trust: Flexible while you're alive. Add spendthrift clauses to avoid reckless spending.
Testamentary trust: Only activates after your death. Can delay access until both parents pass, if desired.
Who should run it?
Family member ✅ (knows your child)
Friend 🤝 (needs detailed instructions)
Professional fiduciary 💰 (comes at a cost)
💡 Final thoughts:
Set distribution rules. Be clear about purpose: support, not punishment. Customize per child. Communicate early to avoid drama.
🎥 Inspired by Baby Yoda (Grogu) because even at 50, he still needs some protection.
