Assertion: trust's trustee | /r/HasProperty | trust
Facets:
value: for an adult child
type: OTHER
Source sentences:
text: Thus, if there is a trust for an adult child that will be distributed to that child’s child (a grandchild of the settlor) at the adult child’s death and the grandchild is a minor, the trustee could not use the decanting statute without court approval.
text: A single trustee - this can be a person or entity, such as a trust bank
text: The maker (“settlor”) of the trust will convey property to the trustee (who may be an individual or a corporation, such as a bank or trust company) and instruct the trustee to hold and manage the property for the benefit of one or more beneficiaries of the trust.