NEW PODCAST Estate Planning Pitfalls: Minor Children as Beneficiaries

Welcome to our series of podcasts focused on educating development teams across the country with common pitfalls faced in estate planning.  This series of informative podcasts will highlight problems and obstacles your donors face in the estate planning process.  Knowing these pitfalls will help you recognize opportunities to assist your supporters determine their best plan, which could include your organization.
 

CAYCE POWELL, MBA, J.D., FCEP // President, Thompson & Associates
BILL GUSTOFF, J.D., FCEP // President of Legal Division, Thompson & Associates 


MINOR CHILDREN AS BENEFICIARIES
 
In this episode, Cayce and Bill discuss minor children as beneficiaries:
  • Why naming a minor as a beneficiary is an estate planning red flag
  • What happens when a minor receives an estate distribution
  • Appropriate times or situations to name a minor as a benficiary
  • Available options when leaving an account or asset to a minor
  •  

Outright Distributions in an Estate Podcast





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