trall

Chapter 20 - The Trust Becomes Smaller

Clara petitioned to restructure parts of Lily’s future interest where permitted.

Not remove Daniel’s gift.

Make it safer.

Professional trustees.

Financial education requirements.

No direct voting responsibility as a teenager.

Gradual distributions.

Independent advisors.

Rachel approved.

Evelyn approved.

Court approved appropriate modifications consistent with Daniel’s intent.

Clara explained simply to Lily:

“Dad left you something for when you’re older.”

“Money?”

“Partly.”

“How much?”

“Enough that you don’t need to think about it right now.”

“Can I buy horse?”

“No.”

Lily groaned.

May you like

Daniel’s wealth would not become Lily’s identity.

That was Clara’s mission.

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