Setting up a trust for your children

recruit

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Hello guys,

I was wondering if any of you here have the experience in setting up a trust for your children etc to distribute the assets when you are gone?

What are your main considerations when you set up a trust? The main drawbacks? Did you choose lump sum payout or monthly allowance? Did u appoint a trusted friend/family member as a trustee or did you hire a professional?

Feel free to share you experience and thoughts!

Thank you
 
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