Why leaving money to your kids could be a financial mistake, according to a California lawyer.

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Source: Yahoo Finance
TL;DR Summary

California-based estate planning and asset protection lawyer, Brittany Cohen, advises against leaving anything to your children when you die, as it can lead to serious financial and legal issues. Instead, she recommends creating a living trust and making your children beneficiaries. Cohen also advises against adding your children's names to the deed of your primary residence and going through probate court. She suggests seeking advice from an estate lawyer or financial planner to protect your assets and set your loved ones up for success.

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