Ok, me and my hubby are going to court, to try and get my trust found in my control?

Question

But, my grandpa hates my hubby and he dont want me to get control of it, if we still continue to take this to the court he will make us pay the court fees out of our pocket, well we dont even have a house, we live in a apt. we want to try and start family, so we would like the money to ge a house, we enclosed a list of exactly what we watned to do with the money, we are going to invest it, we are not goign to just use it all for junk, we even have been looking into cd's and stuff, he just doesnt want me to have it cuz of kyle (hubby) he will just get really mad at us, any advice
ps sorry about the typos, i am typin faster than fingers watn to move

k, i think i need to clarify a little bit, we have to go to court the trust fund is court ordered that i cant touch it, till i do get control, so we are going to court to do the control hearing

k and some more details, the money is mine, we arent going to break the cds, a house, we want a house because we are tired of wasting money on rent. and yea, if i get another (you cant afford the money let him keep it i will delete the answer i want nice answers with help, not ******* rude answers please)

i am 19, my husband is 23 and in the army. i have asked my grandpa why he doesnt like him. he says it is just cuz he dont like the way he acts.

Ok so people cant understand this money is mind. My parents were killed in a car accident when i was three on christmas night. The money was put in there for me, so i would have a house, and car, and money for college. never put there from other family. I was a only child, so i was entitled to the money

ok, the money was sposed to be given me at 18, but the court ended up not giving it to me, the money will not be put into joint account i personally will and never would allow it

Answer 1

First, you need to make sure the trust is still there-- if the court allowed your guardian (grandfather?) to withdraw money for your care and upkeep while growing up, then it may not even be there anymore or may be very small. Second, you need to get a copy of the court order to find out what age the monies were to be released to you, as one has already said, usually the age of majority or when you legally become an adult at 18 or 21, but it could be much higher if your parents wanted it that way. If it is when you are older, the courts probably will not break the trust.
Third, if you should happen to get the money, put it into accounts under your name only-- not a joint account with hubby-- this way it will not be considered marital property, and he can't get half of it if you divorce. (Don't say it won't happen--50% of all marriages fail). If divorce does not happen-- no harm no foul the money is there.

Answer 2

Honey, if grandpa isn't willing to let go because of the hubby, it might be because grandpa sees things that you aren't in regards to your life. I'm not trying to be rude or insensative, but ask yourself why grandpa doesn't like him. Better yet, ask grandpa himself.

I also wouldn't suggest dragging this into court. Family members aren't suppose to sue each other honey. They are suppose to work through their issues. Just because you have this game plan all worked out on where the money is to be spent, doesn't mean the judge is going to agree with it all. If you are tired of paying rent, get a mortgage like everyone else and buy a house. If you need certain things, get a job and work for them. And don't start a family until you are stable enough to do all these other things first. Then maybe grandpa will see that it's okay to relinquish control of the trust fund. I think grandpa is old school and looking for some signs of responsibility first....and in being a grandparent, it's his job to do so.

You may also want to read the fine print of your trust fund. Most of them are released after a certain age. You could be doing this all for nothing.

Answer 3

If you live in the US...

First, this is your money, not Hubby’s, so only YOU can go to court over it. Hubby’s not involved in this at all, because he has no right to the money. However, once you gain control of the funds if you deposit them into a joint bank account, purchase property with both names on the title, etc it then becomes a martial asset, so should you divorce a year later, Hubby gets half. You might want to think about that.

I’m assuming there was a restriction placed on the trust fund regarding the age at which you gain control of the money. Otherwise, you would have likely gained control at 18, because without restrictions the minor normally gains control when they reach the age of majority, which, with the exception of a very few states, is 18.

Many parents set up trust funds with these types of age restrictions. For example, should me and Hubby die, trust funds would be set up for our children and they would not gain control of the money until they are 21 (and I know some parents who have set a higher age restriction than that on their children's trust funds). The reason parents do this is simply because they do not want their children coming into control of a large sum of money before they are mature enough and responsible enough to handle it.

So, if there is an age restriction, don’t expect a court to rule in your favor, with the possible exception of funds released for the purpose of YOU attending school (and of course, in that case, they will only authorize release for the amount that will cost, and you will have to provide proof that you will be attending school, the amount required, etc).

If you want to take this to court, you’ll have to come up with the funds for the legal fees required to do that.

EDITED TO ADD THIS AFTER YOU ADDED ADDITIONAL INFORMATION:
If you were supposed to gain control of the money at 18 and you didn’t, then WHY didn’t you? That’s a very important piece of the puzzle. Was it because the court found you to be incompetent in some way? Now, before you get upset by that question--I ask it merely because off the top of my head, that’s the only reason I can think of. You wouldn’t have not received control of the money merely because Grandpa doesn't like your husband. IF it was because the court found you incompetent, then you have an uphill battle. One that you NEED an attorney for and one that you very well may not win.

Answer 4

I doubt dragging the old man into court is going to seduce him into being pals with your "hubby." Do you still have a good relationship with him? Take him out to lunch and without getting overly emotional or angry (part of proving to him that you are indeed mature enough to manage so much money and raise a family) explain your side of the story. Make a good faith effort to settle this out of court and try to convince your grandfather that the money would just be a bonus, and that the real issue here is that you want him to love and accept your husband as much as you love both of them. If you don't mean this, and are just out for the moolah, tugging at his heartstrings is still a good tactic. How's your puppy dog face?

Answer 5

since money (that you didn't earn) has become more important to you that your own family, you don't deserve any of it.

This is your grandpa, you are 19 and I'm sorry but if you are willing to take your own family to court because you want someone else's hard earned money, then you are just a money-grabbing whore. And your grandpa is most probably right in his assumptions of your husband, one could only wish he would see you for who you are.

No matter what you want the money for, it isn't rightly yours. It is still your grandpa's and how dare you think you have the right to drag an old man into court to make him give you his money.

You honestly disgust me.

Answer 6

I am curious as to WHY, your grandpa doesnt like your husband.I am sure he will ike him much less if you take him to court.If your hubby has a bad background then the courts WILL probably rule in your grandpa's favor BUT if he is a decent human being who works and pays his bills and has not been in any legal trouble then they may side with you.
Maybe you should ask your grandpa what HE thinks you should do with the money and if he is in good financial shape, LISTEN to him!

Answer 7

How much does he have to put towards a house??? None??? Sounds like your grandpa has the right idea. Even if you invest it in cds you can still take it out when needed, and blow it all away...Start saving your own money to get a house and forget about that money. Cause if you can't afford a house with what you have now, you won't be able to afford one once you have one. Trust me-been there.

Answer 8

you should be thankful he even left you a trust.

you could have absolutely nothing.............