Child's Trust

This document can be used by parents to arrange for assets to pass to children through a trust. The trust can provide for financial management of the trust assets by an individual(s), bank, or trust company after the parents' death. Further, the parents can provide for receipt of the trust income and principal by their children at an age(s) after 21. The child's trust can be drafted as an addition to the provisions contained in a basic will so that separate documents are unnecessary.

Lange Law Firm, P.A.
Highland Bank Building, 5270 West 84th St, Suite 300, Bloomington, Minnesota 55437-1385
Phone: (952) 837-1900, Fax: (952) 835-2236, Email: info@willandtrust.com