Cinderella Should Have Been a Trust Beneficiary
Recently, I was watching Cinderella with my three year old and thought – Wow, if only she was a trust beneficiary she wouldn’t be locked in the tower slaving for her step-sisters. For those who don’t recall, the setup for the story is that Cinderella’s mother passed away; then her father remarried the evil step-mother; her father dies and the step-mother squanders his estate on her two daughters. But had Cinderella’s father placed his assets in trust for his daughter and chosen a responsible, independent trustee, her step-mother would never have gotten her hands on the money. This may be an odd thing to take away from a children's movie, but lessons can be learned from almost any source. The lesson here is to plan your estate to protect your children.
