Conditional Love: Incentive Trusts and the Inflexibility Problem
Joshua C. Tate
CONDITIONAL LOVE: INCENTIVE TRUSTS ANDTHE INFLEXIBILITY PROBLEMJoshua C. Tate* Editors’ Synopsis: With the number of Americans capable of leaving their children large inheritances increasing, some parents are concerrne that their children may have too much and may wish to leave money to their children with strings attached. One vehicle available to these parents is the incentive trust, which imposes fixed conditions on distributions to encourage certain beneficiary behavior and leaves little or...