A Family Protection Trust (FPT) holds assets that you would otherwise leave directly to your children. Money and other inherited assets can be lost in the event of divorce or if the child is sued. The FPT is designed to protect such assets from creditors, divorce, and estate taxes. Your children can have virtually unlimited control over FPT assets.

In the event of death, other documents are required to manage and ultimately to distribute the assets in your estate. These documents usually take one of two forms: 1) a revocable living trust or 2) a will. Both documents direct the distribution of your property according to your wishes, but the benefits of each must be considered in light of individual circumstances.