Is it legal to drain your child’s trust fund?
Catherine asked: Lets say there was a $20 million trust fund set up for a child, so when she turned 25 years old, she would obtain the money.
If the child’s parents went into bankruptcy, could they drain their child’s trust fund?
Lawyers Please Interpret Wording in Deceased’s Trust Fund:?
enola gniyd asked: “Notwithstanding any prior provision hereof,at the end of 21 years after the death of the last to die of all of my descendants living at my death,the Trustee shall distribute each trust then held to the beneficiary thereof.”
ok,my grandfather had three children,15 grandchildren and 14 great grandchildren at the time of his [...]
Can my ex’s trust fund be garnished for child support arrears?
EYE BYTE asked: My ex hasn’t paid support for about 2 year’s. I know he has a trust, but that’s the only info. He won’t work, and the trust was from his father passing about 3 year’s ago. He owe’s about $18,000 now for our 3 children. He has a writ, (arrest warrant) on [...]
how can i get out of pay child support if i give up my parental rights can the courts throw me in the slammer
wanda l asked: theier two children in question one i have an the other my ex has i didnt want child support from her but she’s so mean that in return i gave her the house and got an apt. and gave her the car and bank savings i m just dont believe in being [...]
Is it legal for someone to state in a trust that only “legitimate” descendants may inherit?
Pashta asked: My father recently passed away. He was the beneficiary of a trust fund his father (my grandfather) left for all his children. I was told that there was a clause or something that my grandfather said that only “legitimate” children could receive benefit from the trust. I don’t know the [...]
As a parent of 2 children am I entitled to view the statements of their trust fund?
Alfie asked: I have 2 children aged 16 and 19.They have an educational trust fund left to them by an aunt.I am not a trustee but I am thier Mom who would liketo see that the trustees are doing a good job of managing the funds and how they are allocated.One of the trustees [...]
Question about trust funds. Before my father passed away, he told me that after he died, I would be a rich?
Annie Oakley asked: woman and my children would be taken care of for the rest of their lives. My stepmother is still living and she has told me that I can’t have any of the trust fund until she dies because she is living off it. Is this legal? Is it possible? [...]
In NY, a living trust has 6 beneficiaries; the grantor’s son is the successor trustee, main beneficiary ?
Insert funny name asked: and executor of the will. The father had given some $ for his grandchildren’s college fund (and had paid college tuition for other relatives), and verbally indicated that he would help fund them more. But they are not mentioned in the trust at all. Does the trustee have any right to [...]