If You Don't Trust Your Kids with Money, You Need a Trust
While most parents have the best intentions when it comes to teaching their children about handling finances wisely, sometimes the lessons don't take. In addition to concerns about spendthrift behavior, some children experience problems with substance abuse or have mental issues that make giving them access to wealth a problem. This is where a trust can be a parent's best friend. Trusts allow you to put controls on the distribution of your wealth. For example, you could el
