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Reply to "Testimentory trust for minor children - what terms would you put on it?"
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[quote=Anonymous]You need to name a trustee who has great judgement, and understands your wishes. I might say that education should prioritized over other expenditures , once the children are 18 and have been housed, clothed and fed. You could give ages at which subsequent funds are disbursed…but if you gave an excellent trustee then let them decide based upon how the kid is doing in life, their needs, maturity, etc. [/quote]
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