I've set up some diversified trusts for my 5 yo I started with $5k and then added another $5K from an inheritance I received and have been reinvesting the dividends. His funds are up to over $25K now in 5 years. Because he is a minor I have had to open the accounts in our names in trust for him. What I would like to do is set up some sort of trust were I can buy shares under his (the trust) name and have it build until he is 18. Is this possible?? or would the tax implications be ridiculous. Part of the reason for my investing and learning about strategies is so that I can show him. I want him to be fully able to manage his own investments from a young age and not be a 40 something adult just starting out behind the 8 ball.