They could stop right now and put that money into a trust. Let’s say there is 10 million left after taxes and fees. Even at a weak 1.5% interest the kid could take home $150,000.00 per year and never touch the principle. I also hope the parents know that his views could drop to almost 0 at any time when the next cute tot comes along.
“They could stop right now and put that money into a trust. Let’s say there is 10 million left after taxes and fees. Even at a weak 1.5% interest the kid could take home $150,000.00 per year and never touch the principle. I also hope the parents know that his views could drop to almost 0 at any time when the next cute tot comes along.”
That’s an incredible amount for a kid that age, all thanks to YouTube views. The Internet has enabled some amazing things technologically , but this I never expected...