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Reply to "How did you set up a trust fund for your child?"
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[quote=Anonymous][quote=Anonymous]It doesn't sound like the OP has a lot of money so I am not sure of the purpose of a trust. If it is for college expenses a 529 makes the most sense due to the tax benefits.[/quote] I agree. With a 529 you can identify a "trustee" in case something happens to you while your children are still minors. We have set them up for our grandkids and their parents take them over if something happens to us. [/quote]
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