A Fiduciary Partner you can Trust
A child can be of any age to be a beneficiary, however, the funds will be paid into a trust until such time that he/she is 18 years old, or as stipulated in the contractual documents. The law prohibits Financial Companies to pay the proceeds of a policy directly to a child who is not yet 18 years old.
If you have children below the age of 18, to who you wish to leave some of your assets, it is best to speak to a professional with regard to making adequate provisions.
A Will is one of the most important elements of Estate Planning and should be revised at least once a year! Get your affairs in order with a free will!
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