Jerry - Thank you for these thoughtful postings. A question in regard to setting up trusts for your children. Who ends up being the trustee for this trust and how much is a typical cost of administration for these trusts? The downside seems to be that a chunk of the assets go to an outside source for administration purposes. Thank you for your insight on selecting a Trustee for this purpose.
Jerry - Thank you for these thoughtful postings. A question in regard to setting up trusts for your children. Who ends up being the trustee for this trust and how much is a typical cost of administration for these trusts? The downside seems to be that a chunk of the assets go to an outside source for administration purposes. Thank you for your insight on selecting a Trustee for this purpose.
How are you doing