We want to quietly set up a trust for our daughter without her knowing until she’s 30 - what’s the best way to do that?

We want to quietly set up a trust for our daughter without her knowing until she’s 30 - what’s the best way to do that?

Key Points in This Article: A trust is a legal tool to manage assets for a beneficiary, like a child, offering privacy, control, and potential tax benefits, but setup and maintenance costs can be high, and complexity requires professional guidance. Keeping a trust secret until a child is 30 promotes independence but may risk unpreparedness, making a financial advisor essential for tailoring the trust to specific family goals. Are you ahead, o…