Question
Mr Jones is 60 years old and he wants to divorce is wife of 30 years. Mr Jones owns personal assets of $30,000,000 but he
Mr Jones is 60 years old and he wants to divorce is wife of 30 years. Mr Jones owns personal assets of $30,000,000 but he is in very poor health. Additionally, Mr Jones now wants to marry his new girlfriend who is only 20 years old. Along with these changes in his life, Mr Jones wants to make sure that he provides for his new wife in case something happens to him and most importantly, he wants to be sure that he provides for his three grown children from his first marriage (because he fears that the new wife won't want to share with his children). How can Mr Jones make this planning with a Trust? Additionally, Mr Jones wants to leave some money to the American Cancer Societyy after he passes since the organization helped him for so many years.
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