Can a trust be set up for the difference in a property being sold?
Full Question:
When a trust fund is set up for children is it a certain amount at the time the will is made? Or can it be a "left over amount", like when property is sold? Can it change before the child reaches the approprite age to receive it? Can someone else touch it? Is it stated anywhere other than the will how much the trust is for?
11/02/2007 |
Category: Trusts |
State: Massachusetts |
#11509
Answer:
Please see the information at the following links:
http://definitions.uslegal.com/t/trust-fund/