Child's trust

{
  "id": "MLC-T-LAW-000968",
  "term": "Child's trust",
  "field": "Law",
  "definition": "A legal arrangement established to hold assets for the benefit of a minor, with a designated trustee managing the funds until the child reaches a specified age. These trusts are often created to provide for a child's future education or financial needs. The terms of the trust dictate when and how the child gains access to the assets.",
  "url": "https://mlchart.com/terminology/law/child-s-trust/"
}