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Trust Adult Children Form

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Instructions and help about trust adult children

[Music] Should you leave your assets outright to your children or should you leave it in a Trust for your children? Again this depends on what your family situation is. If you have minor children, of course you are leaving the assets to a Trust for the minors because a minor cannot own assets and typically when you leave assets to a Trust for minor children, at some point in time that money will pay outright to them and before it pays out right, the money is there to provide them support, to provide them for them for college, for education, for anything that you can think of that would support your child. Oh and by the way, when you're leaving money to a minor child you're going to need to make sure that your Will appoints a guardian for that child. So your Will is going to appoint a guardian and your Will is also going to create a Trust with a Trustee to manage the money for your minor child or your minor children

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