Protecting Your Inheritance: Preventing Spousal Money Drain After Death

To ensure that her son receives an inheritance, a woman seeks advice on how to protect her assets from her husband's potential impulsive spending due to dementia. Options include leaving part of her estate to her son, creating a trust, or naming her son as the beneficiary of certain accounts. Consulting with an estate planning attorney is recommended to determine the best approach. Additionally, the taxation of Social Security benefits is explained, with up to 85% of benefits potentially subject to tax based on combined income.