Is there any laws on the age of getting a trust account or a trust fund for a person?
355783
Yes, they have to be over 18 and also they have to be of sound mind.\n\nYou know, no dementia.\n\nYou can however, set up a trust and name someone as one of the beneficiaries of the trust who is of any age.  For ex. I request that John (15yrs) gets $3,000 at 16 yrs old then $6,000 at 18 and $10,000 when John graduates from college.
72791
Yes, through a Trust Account.
893055
Check it here:\n\nhttp://www.ybonline.co.uk/0,,76280,00.html\nhttp://www.boq.com.au/business_trust_act.htm
811476
18 is fine, you are legally an adult then.
992693
Various types work different ways but essentially the trust fund is a managed account that holds money in "trust" for someone or some organization, and pay a set amount or interest share to the person or org. it is set up  to provide for. One of the benefits of doing this is some trusts are "unatachable" meaning that if the recipient (I think called the trustee, but that might be the person or institution holding the funds) is sued or files for bankruptcy no one can put a lien on the money or otherwise try to take it. There are also great tax advantages to setting up a trust.
442048
I don't know the laws but I went to see an elder-care lawyer and he was very helpful. He explained that what you always hear is not always true. He can truly help in conserving your parents assets.
938693
At 16, the safest thing to do is go to your bank and buy a CD. Or you could put it in an investment fund.. Make sure the fund is diversified (invests in many things) and is no load (doesn't charge you anything to get in). There is a lot more to investing than that, though. Can you speak to your parents, or someone you trust at school? The marketing and economics teacher maybe?
824783
I believe this maybe the best free website http://www.lawsociety.org.uk/home.law regarding laws on trusts for the United Kingdom.  I hope this helps you out.\n\nGood Luck!!!
364609
Technically 18, but no one is going to ask your age when you pay in cash unless you're a child. Maybe not then.
761817
It will depend on the purpose of the trust and its exact wording. If the trust was to keep you from spending the money foolishly and you need it because you have been foolish with your own money, it won't work.
684170
Most courts usually consider the childs request at about 11-12 yrs old, but that doesn't mean you will get your wish. There is not a "law" per se, but rather the merits of each individual situation. It is really up to the judge.
1023304
There were some laws passed a couple of years ago about storing information about children under the age of 13. This pretty much rules out anyone under 13 from belonging to sites like MySpace and other networking sites.
255161
it depends on how mature the child is. of course there are laws that have required age limits on things like that.
687148
At least 18, unless your parents permit you to have one earlier!
415990
I wish I had a trust fund... ;)\n\nSurely if you have one, you also have access to an accountant that can answer this question for you ?
776514
Have a look at this wesite.\n\nhttp://www.trustnet.com\n\nIt gives all the info you need
805110
Trusts don't cause problems, in fact, in most circumstances, they resolve many problems. So, to answer your question, YES, trusts should be allowed by law. Trusts don't generally cause problems in and of themselves and, yes, their benefits far outweigh any disadvantages in most cases.\n\nTrusts are not right in every circumstance, consult a lawyer in your area for details.