Would it make sense to keep that money in a trust and pay a portion of the interest out to them each month/year? e.g. assuming $500k/yr at 4% interest, that wo

Would it make sense to keep that money in a trust and pay a portion of the interest out to them each month/year? e.g. assuming $500k/yr at 4% interest, that would be $20k/yr which is not enough to live on but is still a nice cushion