To parents, I believe the most wonderful time of the year is the back-to-school time of year.

The legal parents of a child have the right to make decisions about their child’s upbringing, including education, healthcare, and religious upbringing. This right is enshrined in the law and is considered a fundamental aspect of parental rights. However, the legal parents may face challenges in exercising this right, particularly when one or both parents are not actively involved in the child’s life.

This is a common practice in cases of divorce or separation. This is where a trust comes in. A trust can be established to provide for a child’s financial needs, even if the parents are no longer together. It can also be used to manage assets for a child, such as real estate or investments. A trust is a legal entity that holds assets for the benefit of a beneficiary. It is a powerful tool for protecting assets and ensuring that they are used for the child’s benefit.