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Reply to "Irrevocable Trusts impact on FA?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]People are conflating what OP can afford vs what her children can afford. The estate is not the child’s asset. It’s in trust: not an asset. Good luck OP. Their windfall shouldn’t mean you have to pay more than you would have had to. If you were planning to pay/ that is. [/quote] Not true. It’s set up to pay for education . [/quote] Which part of what I said is not true? It’s not the kids call as they are under 25. The trustee can deny it as one with a good sense of fiduciary duties would do/ if it would mean protecting the trust [/quote]
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