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Reply to "Establishing lifetime trust accounts for young adult children "
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[quote=Anonymous]Our children are young adults and each has a trust managed by a bank trustee. They have to provide a financial statement along with any request for funds. Trust pays out for HEMS - Health, Education, Maintenance and Support. "Maintenance" can mean a lot of things. But it's a good framework for thinking through their requests. DH also has a trust that pays a monthly amount. [/quote]
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