Chapter 25 - REBECCA’S TRUST
Rebecca learned about her trust at fifteen.
Not the value first.
Structure.
Why trusts exist.
What fiduciaries do.
Why related-party transactions matter.
Why signatures matter.
Why passwords matter.
Why spouses do not automatically receive authority.
Why beneficiaries still need to read.
She hated it.
“Can’t you just tell me how much?”
“No.”
“Mom.”
“Education first.”
“You’ve become Grandpa.”
“Take that back.”
She laughed.
At sixteen, numbers.
The trust had grown.
Diversified.
Bennett Strategic Systems still valuable.
Her descendant subtrust substantial.
Enough to create opportunity.
Enough to create risk.
She asked:
“Can I use it to buy a horse?”
I stared.
She grinned.
Dad had apparently told her an old story from another family? No. Wrong continuity. Remove mentally.
Instead:
“Can I buy a car?”
“Trustee decides.”
“Useless.”
Good.
At eighteen, she studied biomedical engineering.
Not finance.
Not logistics.
She said:
May you like
“I want to build things that don’t need a voting agreement.”
Fair.
