Can a person enter into a contract to purchase shares of stock with a trust entity established for the benefit of his child?

Generally, yes, but I would check the terms of the trust instrument and also check with the stock transfer agent and find out what documentation would be required.. This is not intended to be legal advice, and is general in nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.