<prompt> Human: I want to band together with my siblings and start a portfolio for my parents dad is 66 and still working, mom is 58, doesnt work. Im wondering what the best kind of account registration would be. Since itd be for their benefit, a trust seems appropriate, but Im not sure howwhen withdrawals would work. Starting this late, I hope to start with 3000 and for all of us to deposit here and there when we can. Growing it aggressively, I think a 10 year time horizon is a good guess ideally no withdrawals until then. Dad will more than likely still be working then, but theyll need more than what they have once age starts bringing doctor bills and all that. It wont solve the problem, but itll help. So it I can find a good money manager, just looking for some direction on where to start.  <response>: IMO they are too old already for you to start investing hoping to grow it aggressively. Over 10 years you might be left with 60 of the money you put in. I also think 76 is really pushing it for working age. Many people are long dead by then. Your best bet may be to setup a plan to just cut them a check for X amount each month. On top of that, even if you start with 3000, you arent going to amass much. 