Publisher's Synopsis
$59 Trillion Inherited by 2030...Most of it in a trust. Are you ready?If you are a trustee or a beneficiary of a family trust, you need this book. Palm Beach trust guru John Pankauski--the attorney the attorneys hire--gives you the inside scoop on what it means to be a trustee and what you need to know if you're involved with a family trust.In this book, you will find: - Individual trustees behaving badly and what not to do when serving as trustee- Beneficiaries and their struggle with inherited wealth- Duties and obligations of a good trustee- How trustees are supposed to protect and work for their beneficiaries- Why most individual trustees don't have the time or experience to manage money or administer a trustThis is your one stop, insider's guide to how family money is managed and mis-managed for mis-fits, mistresses, second and third spouses, and adult children. If you are thinking about creating a trust, serving as a trustee, or are a beneficiary, this first-of-a-kind trustee's book is full of revealing stories of blood, money, and the fight for wealthy.
