Setting up a trust fund for a beneficiary

guide

Walks through the decisions involved in setting up a trust fund — choosing a trustee, defining distribution terms, and the documents involved.

Good fit for

+Setting money or property aside for a child or beneficiary with defined terms
+Spreading a beneficiary's access to funds over time rather than a lump sum

Not ideal for

−Very small amounts, where the setup effort may outweigh the benefit
−Immediate, no-strings-attached gifts

This guide includes

Revocable living trust

This document was generated from a template and is provided for informational purposes only. It is not legal advice. Consult a licensed attorney in your jurisdiction before relying on it.