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My adult daughter will get a huge settlement soon. She also has bipolarism, schizophrenia and manic depression. She's finally being treated but lacks common sense and gets overwhelmed dealing with almost anything. I don't want her money but I want to ensure that when she has her crisis she won't throw, give away money or assets as she becomes very vulnerable and susceptible to being fooled. Is there a way to create a living trust that limits the amount of money she can use yearly or monthly like a salary without her burning away the serious money, so she's is provided for rest of her life?

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