In The Press: Utilizing Trusts as a Strategic Planning Tool for Your Children's Social Security

Many families planning their financial legacy may not realize how the changing landscape of Social Security and retirement rule changes could affect the way they pass wealth to their children. In her recent Rochester Business Journal article, Cannon Subject Matter Expert Jacqueline Riorden explains why using trusts in your estate plan can help ensure that retirement assets are preserved and used as intended for your adult children, even if Social Security benefits are reduced in the future.

This article does more than highlight a concern. It offers a clear, practical example of how naming a trust as the beneficiary of an IRA can protect those assets from creditors and provide a structured income stream for your children when they reach an age you choose.

Read the full article to learn how thoughtful planning today, including working with an experienced estate planning attorney, could give your family greater financial certainty tomorrow.