Can I set up a trust at my bank and have it grant monthly payments to my relatives or friends while I am alive?
You can, with the assistance of an attorney, set up such a trust. In most cases, the bank would not be able to create the trust for you, because it could be considered practicing law.
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You can, with the assistance of an attorney, set up such a trust. In most cases, the bank would not be able to create the trust for you, because it could be considered practicing law.
