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Trust Fund Baby? Here’s How to Actually Set One UpTrust funds might sound like something only the super-rich deal with, but they’re actually a smart way for any parent to plan for their kid’s future. Whether you’re looking to set aside ...
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We’re in our 40s with $7 million in assets and we don’t want to spoil our child as a trust fund baby – what should we do?But there's a difference between helping your child out financially and spoiling them with a trust fund. In this Reddit post, we have a set of parents who really don't want to do the latter.
When you hear "trust" you may think of a "trust fund baby" whose family money keeps them afloat. But lawyer Jala Eaton says having a trust ensures your money goes where you want after you die.
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