How long is a trust fund held for, My father left me a trust fund and was to receive it at 18 Iam 28 now...?

Question

I have not seen my father in 26 years and just found out about the trust from my grandmother...my father is no longer here and grandmother has no idea where or who to contact, just knows its there...

Answer 1

Wow... It's been ten years, and you haven't bothered to read the trust deed?

More to the point, assets can be held in trust forver, if that's what the grantor put into the trust deed. Get a copy of the trust documents from the trustee and read them. If you don't understand what you are reading, read it with your lawyer.

Answer 2

This depends on the terms first set down when the trust fund was created.

Somebody, somewhere is receiving quarterly statements regarding this fund. You may even try contacting banks near where your father lived, to see who would be holding the money.

Trust accounts are usually held by a bank, but are sometimes held by investment institutions (like a stockbroker or insurance company).

Answer 3

It all depends on what was stipulated in the trust. Contact the attorney that is holding it or seek other legal advice. If you were suppose to get it already and have not, there may be a problem.

Answer 4

you should obtain a lawyer for that... it is called a probate attorney they can help get that release to you or is there? or was there? any conditions on the trust fund that might have it delayed? have you check with the bank that has the fund for you? start with there and if you dont get any results then obtain a lawyer. you should have had it by now.