How do I set up a trust to protect my inheritance?

I just inherited money from my mom. My husband is on Provincial benefits for an illness. The benefits program wants us to spend it all and theyare threatening to seize part of the funds as income or quick us off the program until the money is spent. we would like a nest egg for our retirement. what can we do to save our money.

Inheritance doesn't fall into the community property of a marriage - even in a community property state!!! Unless of course, you got a check and deposited it (stupidly) into your joint bank account!!!! Never co mingle assets you want to keep separate.

You need an estate planning attorney to protect it. You should have a Living Trust at the very least. It'll cost you about $2,500 to set one up, but what most people Don't do is actually FUND the trust....good luck

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