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[quote=Anonymous][quote=Anonymous]We set up a trust with payouts at 25, 30, and 35. We purchased a 20 year term policy when the kids were young to basically cover if something unforeseen happens to both of us. I know a few kids that came into small sums of money at 18 and for the most part they wasted it within a year and years later wished they had spent it differently. We will revisit things again once the kids are adults.[/quote] +1 just signed all the docs last week. [/quote]
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