However, usually there are some things which can be done to build net worth significantly. May include saving on your son or daughter’s college education, saving on taxes, as well as increasing your earnings. An experienced wealth management advisor will have the ability to help with any of these.

The living trust Marilyn and George created specified two new trusts, referred to as an A/B trust, and may be set up when the first spouse were killed. The living trust also specified that (a) the surviving spouse would serve as trustee on the “B” trust