Hello all. Is anyone familiar enough with trust laws and able to give feedback as to the likelihood of judge granting an early termination to me of my share of trust based on the fact that I'm 41 years and face major financial hardship, whereas the trust was set up to term. When beneficiaries reach age 50. One other beneficiary recvd final distribution - my brother just turned 50, and the only other beneficiary will reach 50 within 3 years time. I am the only one who has a long wait and truly need the funds to provide for basic living and medical expenses which my lawyer can prove to be justifiable. With this information, I’m just hoping to compare your answer with that of my attorney - who's over 800 miles away in Montana, leaving me feeling somewhat in the dark - let's hope she's right and I am able to feel some peace on the subject and her ability.
Thanks ALL!
2006-11-04 08:38:12 · 1 answers · asked by Josh R 1 in Politics & Government ➔ Law & Ethics
It will depend on the purpose of the trust and its exact wording. If the trust was to keep you from spending the money foolishly and you need it because you have been foolish with your own money, it won't work.
2006-11-04 08:43:48 · answer #1 · answered by thylawyer 7 · 0⤊ 0⤋