Wealth Gap

Learn how the wealth gap affects estate planning decisions and explore strategies for promoting equitable wealth distribution across generations.

What estate planning tools help address wealth inequality between beneficiaries?

Several estate planning tools can help address wealth disparities, including educational trusts that fund schooling or training, supplemental needs trusts for beneficiaries with disabilities, and charitable remainder trusts that benefit both family and community. These tools allow families to create more equitable outcomes while supporting beneficiaries based on their individual circumstances and needs.