What Does Minor Mean In Regards To Estate Planning?

What Does Minor Mean In Regards To Estate Planning?

A person under the legal age of an adult.  This varies by state law, but is generally either 18 or 21.

Example Of Minor In Regards To Estate Planning

My sister and I both received an inheritance when my dad died, but hers in being held in trust for her since she is still a minor.

Kelley Scrocca, LLM
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