These policies are popular for those who are confident that their future financial obligations will be less — such as those paying down a home mortgage or with
children graduating from college.
The trustee can also have discretion to provide distributions when beneficiaries attain certain milestones, such
as graduating from college, buying a first home or having a child.
My biological mother later found out that my mother had
never graduated from college and that my father had never graduated from high school.
Most people have a need for a specific period of time such as until
kids graduate from college, a mortgage is paid off or until they retire.
The extent of our current crisis is clear when we have less than 1 in 10 students from low - income families
graduating from college by age 24.
An article published earlier this month showed more than half of
recent graduates from college did not receive a job offer prior to graduation, regardless of their undergraduate major.
As a young adult
newly graduated from college and starting a new job, you might apply for a credit card and receive an account with a $ 5000 spending limit.