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Reply to "$$$ car for trust fund kid?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What genius set up such a trust?[/quote] According to my financial advisor, MOST people. I was stunned. He said the majority of trusts turn over to an 18 year old.[/quote] Bullsh-t. Percentage at 18, more at 25, more at 40, more reserved to generation-skip. [/quote] Agree. There is no way a “majority” turnover at 18. Forbes says the most common structure is payouts at 25, 30 and 35. [/quote]
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