Setting Up Family Trust

Summary

You can appoint your 18-year-old son as both trustee and legal guardian for your minor children in a trust. The trustee manages the trust assets, while the legal guardian handles personal and medical needs. Its advisable to consult a lawyer to draft the trust document and ensure all legal requirements are met.

Full Conversation

I want to know if I can make a trust my * yr old son as trustee where he is legal guardian for my minor children in case I can’t take care of them
****, you can generally name your *-year-old son as the trustee and legal guardian for your minor children in a trust. Here are some key points:
- The trustee manages assets in the trust for the benefit of the minor children.
- The legal guardian takes care of the children’s personal and medical needs.
- Both roles can be assigned to the same person.
It's advisable to consult with a lawyer to draft the trust document and ensure all legal requirements are met. Would you like more information on finding a lawyer for this?