Why Parents at all Income Levels Should Understand What a Trust is and When to Create one

By Angela M. Ward, Attorney The term “Trust” has traditionally been associated with very wealthy individuals. For example, “Trust fund babies” refers to people who have inherited large fortunes. But Trusts provide a range of practical benefits and can be used by parents in almost any income bracket. Anyone with children under the age of 18 or who is responsible for people with special…

0 Comments