| Is it the legal right for a wife to have access to her husbands trust fund information?

Is it the legal right for a wife to have access to her husbands trust fund information?

grannygirl asked:


My husband is alive. He set up a trust when we got married 18 years ago. He has kids from a previous marriage and so do I. When he renewed the trust this year he took my children off the trust. He refuses to discuss the trust and won’t let me read it. The original trust had me as a trustee along with one of his kids. I was allowed to write checks. From listening in on conversations he is having with other people, now I cannot get married after he dies and I get $2000 a month. If I remarry, I lose it all. I have contributed to two bank accounts at $1300 a month. We bought CDs with it and are going to buy a retirement home when we stop traveling full time with the money I brought in. My husband puts $2700 in our joint account and $1900 in his trust fund monthly. He put the house he owned into the trust when we married after I signed off. He now has given it to his youngest son. Do I have a legal right to read the trust? If I die he can take all I have contributed and my kids get nothing.

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Comments

3 Responses to “Is it the legal right for a wife to have access to her husbands trust fund information?”

  1. Sue B on July 11th, 2011 12:49 pm

    Your better off to ask an attorney about this.
    Why not refuse to put another penny into anything until you get to see the details?

  2. stacey ray on July 12th, 2011 11:40 am

    Was the trust also in your name? If so, he can’t do that. Not to worry you but I would a bit suspicious of his recent financial decisions. It appears he’s putting everything in his name.

    Every states laws are different. I recommend legal advice.

    PS: I’m not promoting dishonesty, but I would not let him know what you are doing. My ex tried to pull a stunt like that on me.

  3. metrocard on July 15th, 2011 3:39 pm

    That raises a lot of red flags. Definitely ask an attorney about this. Your family’s finances should be transparent–it’s so wrong that he won’t let you read the trust! Stop contributing to the bank accounts for now…I hope things work out!