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?
- Category: Trusts
- Date:
- State: Massachusetts
Answer:
Please see the information at the following links:
http://definitions.uslegal.com/t/trust-fund/
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
