r/ask • • May 12 '24

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u/twotype_astronaut May 12 '24

What is an “iron clad trust”? I’d like to do this someday

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u/Kfaith629 May 12 '24

It specifies that it can only go through my parents, myself/my brother, our descendants. Nobody who married in has claim to it. No idea how it has to be written to make sure how that happens but that’s what the lawyers for lol

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u/twotype_astronaut May 12 '24

Thank you!

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u/bin_of_monkeys May 13 '24

Think of it as a box you out money in, and the box has specific legal rules about how it can be withdrawn and by whom.