Do You Give Your 21 Year Old a Million Dollars When 21 Years Old?

mat and i debate legal rules here on the podcast, just realize this is what sometimes clients ill like. Do you give your 21 year old a million dollars when 21 years old? Or pay the tax of 500 grand and wait till they can handle it? O, a tough decision. Well, you still distribute the wroth out. You close out the roth and let the trust pay the taxes, but now the trust just owns the assets. There's no roth any more. That's what sonbut the would pay 500 grand in tax, and then be able to hold that last five iv sra tax rates,. not the penalty, well, or whatever.