Legacy Series: How Trusts Can Preserve Both Wealth & Relationships
An Insightful Q&A with Vance Wealth Partner, Jerrod Ferguson
Q: What role do trusts play in passing on wealth responsibly, and how can they help avoid potential conflicts among heirs?
A: Trusts do more than just protect your assets—they help protect your relationships.
When everything is outlined clearly in a trust, there’s no room for debate. It says what it says. Whether everyone agrees or not, the decisions are made, and the path is set. That clarity eliminates the kind of uncertainty that often causes conflict among family members.
Money has a way of shifting dynamics, especially when expectations aren’t aligned. Without a plan, people start interpreting intentions on their own, and that’s when disagreements can arise. A thoughtfully created trust removes the guesswork.
It provides specific instructions—from who receives what, to how heirlooms and real estate should be handled. That kind of detail helps mitigate disputes, reduce the risk of probate, and ensure your intentions are followed exactly.
More importantly, it helps protect what really matters: your relationships.
At Vance Wealth, we believe legacy planning isn’t just about what you pass on—it’s about how you pass it on. With the right structures in place, you can create clarity, reduce stress, and ensure your family stays focused on what matters most: supporting one another and moving forward together.
Let’s plan for what’s next—together. Visit VanceWealth.com to start planning your legacy today.
Disclosure
Vance Wealth does not provide legal or tax advice. Clients should consult with a qualified attorney and/or tax professional regarding their specific situation.