The components of an effective trust can differ from trust to trust, depending on the client’s needs. One of the major things we’re concerned about is making sure our loved ones are taken care of after we’re gone. This is especially true if we’re dealing with minor children or children who haven’t gotten to college age yet. We want to make sure that they’re taken care of without the assets of the trust being wasted; we want to make sure that we have specific distribution ages for our younger beneficiaries.
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