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Two good support resources are insurance and investment. You may not be around to help your son grow up and at some point he'll have lived longer than you. In
by rapjr9 2y ago
Two good support resources are insurance and investment. You may not be around to help your son grow up and at some point he'll have lived longer than you. Insurance, both medical and life insurance as well as long term care, could help a lot when/if you're not around. A source of income is needed to pay for the insurance and the necessities of life, so starting a trust with some investments to help fund your sons later life could give him a great advantage.