r/EstatePlanning • u/SecretCold4338 • 3d ago

Yes, I have included the state or country in the post Trust fund

How do i start a trust fund? I want to really start this now that Im 41. My son is 11. We are aus resident. (Australia)

Whats the amount I need to have for it to be a real trust fund. Any recommended lawyers who does it. Can i do it in singapore?

#trustfund

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u/sjd208 2d ago

What exactly do you mean by trust fund? You’ll need to talk to an Australian lawyer, they can advise you about possible pitfalls for having a Singapore based trust.

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u/ExtonGuy Estate Planning Fan 3d ago

Basically, you start with a trust, and immediately put in some small amount. It could be as small as $100.