What Is a Legal Trust? Common Purposes, Types, and Structures

Irrevocable Trusts Explained: How They Work, Types, and Uses

Jaime Stefanac • Estate Planning Lawyer on Instagram: "This situation happens more often than people realise. A parent works their whole life to build assets for their children. Their child grows up, partners, builds a family, and then, years later, experiences a separation. Here is the part that quietly shocks most parents. Once an inheritance is given outright under a simple Will, your child becomes the legal owner the moment you pass away. That means the inheritance can form part of the asset