Today, Old Colony Law attorney Ben Palkowski issued a memorandum discussing potential political-related considerations in estate planning, including
- Asset protection trusts to prevent a child’s political extremist spouse from claiming your child’s inheritance
- Bolstering philanthropy with political giving
- Protecting against government intrusion into personal affairs
- Minimizing death taxes
The Super Tuesday Memorandum begins:
It’s Super Tuesday, the unofficial kickoff to the most consequential Presidential election campaign of your lifetime. As we work together to protect Democracy, remember, also, to protect yourself and your family, your privacy, your property and your hard-earned wealth from the potential negative implications of political uncertainty, extremism and dysfunction.
After considering the following questions, you may be as motivated to engage in estate planning as you are to vote in November.
Download the complete Memorandum here.