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Are you worried about leaving a large inheritance to a spendthrift child — or a child’s spouse — and watching it disappear overnight? In this clip from the Money Matters podcast presented by Allworth Financial, Scott and Pat break down exactly how to set up a trust for a spendthrift child while avoiding unnecessary taxes and high administrative fees. 📌 Topics Covered: -Revocable vs. irrevocable trusts explained -How trust tax brackets really work -Do trusts get taxed at higher rates? -Using a 20-year annuity for structured inheritance -Estate planning for blended families -Protecting heirs from lump-sum mistakes LISTEN TO THE FULL EPISODE HERE: • Big Financial Decisions: Pensions, Tax Str... 🔔 Don't forget to like, comment, and subscribe for more practical financial advice! Join Money Matters: Get your most pressing financial questions answered by Allworth's founders Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Join the Show! https://allworthfinancial.com/talk-to... Website: https://moneymatters.com/ Apple Podcast: FOLLOW https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/0eLjd3j... #trust #estateplanning #taxstrategy