With historically high exemptions from federal estate and gift taxes, many families are turning to funding personal trusts to protect and preserve their family endowments for future generations. Unfortunately, beneficiaries receiving significant inheritances may not be sufficiently prepared to inherit family wealth. A personal trust can help families who want their heirs to receive more than financial benefits from their wealth. In this podcast, Jeff Wolken, national director of Delaware trust planning for Wilmington Trust’s Emerald Family Office & Advisory,® offers his insights on how to prepare your family through the use of a beneficiary well-being trust, a new trust feature in the state of Delaware.