Many people decide to leave money in trust, rather than make
outright bequests. If children are still young, at the time
the estate plan is created, final distribution of the money
may be scheduled for age 35. At that age, parents expect
their children to be responsible adults.
However, the possibility of unwise spending still may exist.
In addition, many marriages end in divorce. Assets kept in
trust won’t be subject to a property settlement, if a child’s
marriage breaks up. For these reasons, you may prefer to
specify that assets be kept in trust until age 45 or 50,
for greater protection.
