Legal Question in Wills and Trusts in Ohio

Re: will

This can be done in various ways. One way is to create a trust for your son. You can either give him full access to the money in the trust (but in that case you have no control over what he does with the money - he can give it to his wife if he wants) or you can set up the trust so that he only has access to the money under specific circumstances or for specific uses. An estate planning attorney can help you create such a trust.

If you need any more information please feel free to contact me.

Re: will

Your daughter-in-law or her children will not inherit your assets unless you specifically name them in your Will or they inherit your son's assets if he predeceases you. However, as has been pointed out, once your son receives the money, the daughter-in-law may be able to get to it depending upon how your son handles it. Another suggestion in addition to a Trust, is an annuity for your son. I believe you have more flexibility in meeting your goals with restrictive provisions in a Trust.