What would you consider a large trust fund?
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
| How much money would in a trust fund do you consider "rich"? |
Anonymous
| For me, over $500K, that's if its going to one person. I am sure many on here will say over $1M. |
Anonymous
| Large = 20$MM or more. |
Anonymous
| $5M |
Anonymous
| 1 m |
Anonymous
| anything over 5 mill because after that Gift Taxes are involved. But really 1million + |
Anonymous
| Context, OP? |
Anonymous
| Well, $1M/yearly is a nice amount to live on. So maybe $25 M in the trust? |
Anonymous
Let's just assume gift taxes are taken care of. In any case if I'm beneficiary (and in the spirit of this thread, I want to be!) gift taxes are not my problem. |
Anonymous
| Large to me means being able to live off the interest without touching the principal. So it is going to vary depending on a person's lifestyle. I use 4% return so it would be pretty low risk, and to me anything over $5M would be enough to live on. |
Anonymous
| By definition a trust fund is large for most of us! |
Anonymous
|
$20M would be large
|
Anonymous
| Large 40 mill plus. After about 10 million you can live off returns... |
Anonymous
| 5M - you can live off the interest |
Anonymous
| I would think at least $5M and probably over $10M. |