Question
A donor with reservations about a childs financial and emotional sophistication at the time they receive an outright distribution of all property from a 2503(c)
A donor with reservations about a childs financial and emotional sophistication at the time they receive an outright distribution of all property from a 2503(c) trust at age 21 can do which of the following:
a. Delay the distribution by up to 10 years.
b. Dictate that the distribution be split into 5 equal parts spread over 5 years.
c. Make a decision at the time the minor turns 21 on whether to go ahead with the distribution or whether to allow the trust property to revert back to the donors estate.
d. Consider alternatives to the 2503(c) trust because full distribution at age 21 is a required part of the trust
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