If I’m expected to inherit from my parent’s trust, how should I plan? | NC

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Q: If I’m expected to inherit from my parent’s trust, how should that inheritance be handled in my own estate plan? A: Treat it as a future asset and plan for two different possibilities—either you receive the inheritance outright, or it stays in a continuing trust under your parent’s trust terms. First, find out how your parent’s trust is designed to distribute—lump sum, stages, or held in…