Navigating Bankruptcy and Inheritance: Protecting Your Family's Future

In this episode of LawCall Panama City, Ted Howell and Mike Nguyen discuss the complex interactions between bankruptcy and inheritance. A caller named Clark shares concerns about how his daughter's debt could impact the family’s estate planning. The experts explain that any inheritance received around the time of a bankruptcy filing may be considered part of the bankruptcy estate, advising proactive debt resolution to safeguard future inheritances. They also highlight the risks of fraudulent transfers when managing inheritance funds. For further insights into effective estate planning amidst financial challenges, watch the full discussion at Perry & Young's Law Call Video Center.