Quote:
Originally Posted by Inspector Mark
If the money goes to the trust then that money would need to be used to payoff your debts. If you end up with high medical bills or other debts then the amount of money that would pass to your heirs would be reduced. If you pass the IRA, Roth, life insurance etc accounts directly to your kids or whoever then that money would pass directly to them in full.
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Also do not forget to add per Stirpes if your child passes and you want their children to get their share! If not their share goes to the other siblings.