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Money and Finances
Reply to "Setting aside money for children: Life Fund"
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[quote=Anonymous]Just have a lawyer draw up an simple trust for you. You are the trustee and the kid is the beneficiary. Periodically give money to the trust. Disburse trust assets as appropriate to the kid's maturity. That way there is no fraud and no risk that an 18-year-old idiot gets a huge windfall.[/quote]
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