Phoenix, AZ estates & probate attorney Kaylee McMains talks about some of the asset protection options for beneficiaries. She explains that trusts offer significant flexibility and can be structured to preserve assets for beneficiaries in a variety of ways. Given the uncertainties of life, trusts can include provisions to address potential challenges that beneficiaries may face. For example, if there are concerns about a beneficiary squandering their inheritance, protections can be included to safeguard those assets for their intended benefit. Similarly, if a beneficiary relies on government assistance, a trust can be structured to allow them to maintain eligibility for those benefits while still receiving supplemental support from the trust. Additionally, trusts can provide protections against unforeseen circumstances, such as lawsuits, creditor claims, or divorce proceedings. By keeping assets within the trust, the beneficiary can continue to access their inheritance while shielding it from potential financial risks.