Trust Fund Age Variation for Children’s Trust Fund?
Shakiki asked:
To make a long story short, my brothers and I have a trust fund set up that’s supposed to be open to distribution between the three of us within the next few years. I swear that the papers regarding the trust fund stated that once the youngest sibling (myself) turns 25 that the trust fund is divided however our father is CERTAIN that the age of distribution is 23 (which would be the end of next month (Jan)). I read another Q about the age thing, etc. but I was wondering if there was some sort of set age variation issued for when the distrubition is (ex. 21, 25, 30) or if it’s just a chosen random age at time of setting up fund account. Hopefully someone can help! Thanks!
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Filed Under Personal Finance |
Tagged With Random Age, Sibling, Trust Fund
Comments
One Response to “Trust Fund Age Variation for Children’s Trust Fund?”
I believe it can be chosen at random.