I am settling my parents estates. One of the provisions is that I establish individual Trust accounts for the 4 grandchildren and that I act as sole Trustee until they each turn 45 years old (about 6 years from now). At 45, if I knew I was receiving money in 6 years, first of all I would have an opinion on how I wanted invested. Second, if I didn't have an opinion, I would like prefer something like CDS or bonds because I would have concerns about losses.For myself, my son became the executor when he was 21. He's the youngest of the three and a unanimous choice. Teach.....your children well....
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