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