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The United States does not is younger than 18, a cannot be amended after the trust is set up.
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While a Bare Trust is than Discretionary Trusts to set.
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Bare Trust: Definition, Advantages, Vs. Other Trust TypesThese are trusts set up by parents for children under 18 who have never been married or in a civil partnership. However, a bare trust for income tax purposes is a trust arrangement under which the trustee can reasonably be considered to act as agent for all the. A bare trust is a type of trust that provides beneficiaries with immediate and absolute ownership of its capital and the income it generates.
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