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This bygone inheritance strategy is making a comeback

Unborn children and grandchildren are taking precedence over everyone else as blended families raise the stakes in estate planning.

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Wealthy will makers are creating “bloodline trusts” to keep inheritance to their direct blood relatives – including unborn children, grandchildren and great-grandchildren.

The interests of unborn family members are taking precedence in estate planning over children who have become family members in new relationships, says lawyers.

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Duncan Hughes is a Walkley award-winning personal finance reporter, based in our Melbourne newsroom. Connect with Duncan on Twitter. Email Duncan at duhughes@afr.com.au

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    Original URL: https://www.afr.com/wealth/personal-finance/how-blood-trusts-can-keep-step-kids-out-of-your-inheritance-20240206-p5f2q8