Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Hinckley Allen says it published a guide to setting up trusts for children
Hinckley Allen said it published a guide by Karen G. DelPonte on common pitfalls when establishing trusts with children as beneficiaries. The firm said the briefing considered how family circumstances and planning goals affect trust arrangements and discussed practical steps beyond preparing the initial trust documents.
Key points
- Hinckley Allen said the guide addressed transferring assets into a trust after its creation.Hinckley Allen
- The firm discussed limiting young beneficiaries’ access to funds.Hinckley Allen
- Hinckley Allen said trustee selection should take account of family relationships.Hinckley Allen
- The firm’s guide also covered financial-aid reporting and reviewing plans after major life events.Hinckley Allen