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Trustee for Minor Beneficiaries and the Age at Which Form

Trustee for Minor Beneficiaries and the Age at Which Form

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[Music] by this Keith David Senate Albertson and Davidson in this video we're discussing canna trust beneficiary be a minor so in California anybody under the age of eighteen is a minor and typically minors are not able to own assets directly they usually have to own them through a guardian or through some other set up other than direct ownership of assets but minors can be beneficiaries of a trust in fact most trusts that are set up by parents have their children as trust beneficiaries and a lot of times those children are under the age of eighteen when the trust is created so they can be beneficiaries the only problem is is you wouldn't want to make an outright distribution of trust assets to a minor that obviously is not a good idea and even if somebody's over the age of eighteen it's probably not a good idea to give somebody who's eighteen nineteen twenty twenty-one a whole bunch of money out right from a trust because people don't ne

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