Impact of Inheriting Money on Joint Trusts and Co-Trusteeship

What happens when one spouse inherits a significant amount of money after a joint trust is already in place? Most people assume it just flows in seamlessly — but in this clip, Kirsten explains the issue that no one anticipates. While adding your inherited assets to a joint trust doesn't change their legal character as separate property, it does mean your spouse becomes a co-trustee over those assets — and their signature may be required for every decision you make. https://absolutetrustcounsel.com/204-estate-planning-misses-addressing-separate-property-in-a-joint-trust/

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