Kathleen wishes to leave a sum of money to each of her minor grandchildren upon her death. She wants the investment income to be used to support them until they finish their education. She does not want them to have access to the capital until the age of 30. Kathleen should should do which of the following?

Options:

• Establish a testamentary trust through her will for each of her grandchildren as beneficiaries
• Establish an inter vivos trust for each of her grandchildren as beneficiaries
• Give the assets to her children to invest on behalf of her grandchildren
• Give the assets to each of her grandchildren