Can a Minor Inherit Property or Assets?

Can a minor inherit property or assets? The answer is yes, however, there are legal mechanisms in place to protect and manage these inheritances until the minor reaches the age to take over.

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Insurance products are offered through the insurance business Strategic Estate Planning Services, Inc. Strategic Estate Planning Services, Inc is also an investment advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a registered investment adviser. AEWM does not offer insurance products. The insurance products offered by Strategic Estate Planning Services, Inc are not subject to investment adviser requirements. Investing involves risk, including the potential loss of principal. Past performance does not indicate future results. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. This video is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. Strategic Estate Planning Services, Inc. is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Strategic Estate Planning Services, Inc. 02827496