Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can you instruct the Trustee to hold the trust estate till children reach various ages?

0
Posted

Can you instruct the Trustee to hold the trust estate till children reach various ages?

0

Yes, you can direct distribution of the trust estate at a later age than 22. There are drawbacks to delaying distribution too longsee The Legal Impact commentary on the Home Page of this Website. The instructions to the Trustee typically allow discretion in paying living expenses and for education, in helping to deal with medical and other emergencies, and providing for household help for the Guardian or even making additions to the Guardian’s home if necessary to accommodate the children.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.