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Kitty4670
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02 Jul 2023, 11:15 pm

This is about the trust fund my mom left for me, my sister & my nephew, I have a very very complicated relationship with her. She use mine & my nephew money to buy herself a house, she didn’t even ask me, she can sell her house someday, me & my nephew will get our money, but I don’t trust her to be fair. I’m scared that I will run out of money before she sell her house, she don’t care if I’m homeless one day. I’m worried soooo much about money for bills, rent & other things I need. We always had a very very complicated relationship since we were teenagers. Can she get away with this?



FleaOfTheChill
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03 Jul 2023, 8:05 am

If I had answers, I'd give some. Really though, this sounds like a question best asked to a lawyer. I don't know enough about the legalities here or how the trust is set up. Sometimes trusts have specific things that are to be done certain ways, but I don't know if that's always the case or if it's the case here.



goldfish21
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03 Jul 2023, 12:27 pm

There must have been a lawyer involved in writing the trust to begin with. Contact them. Ask them questions.

Maybe she's within her rights to use/invest the money how she sees fit and there's nothing you can do about it. Maybe her plan is to keep the house in hopes she lives longer than you and your nephew and then just keeps the money. Who knows? You'd have to ask her. And a lawyer.

If I were in your shoes I'd be asking the lawyer if she was allowed to decide to invest the entire trust in a house (for herself) and if so, if you and your nephews' names or the names of the trusts left to you are to be on the title of the property so that when the home is sold, you (or your beneficiary) are legally entitled to your share. Then find out if your names are on the property title or not if they're supposed to be.

From what little info you've shared, it does sound like she's trying to steal all the money and screw you and your nephew out of inheritance money. But you need more information to find out for sure. You need a lawyer that specializes in this stuff to review everything and explain it to you. That's why it would be best to contact whoever wrote up the document in the first place as they would be able to interpret it better than anyone else. Then you'll know if everything she's done is proper and within the law, or if she's stolen money she's not supposed to take. etc.

None of us here can tell you any of the answers because we have no idea what the details are or what the trust documents say. That's why you need to contact a lawyer, ideally the ones that wrote it. Alternatively, if you have copies of the will and trust documents, you could share them with someone you trust to read over them and interpret and explain what they do and do not say. I've seen copies of these things from one of my grandmothers' estates and it's not exceptionally difficult to understand - several of us have read them and know what money is left for who etc But we Also know that the most disabled recipient And the youngest recipient don't fully understand what it says AND none of us are telling them on purpose for their own good. Both would waste their inheritance foolishly, especially the youngest one. So, money is being held safe so that they have it later when they can make smarter decisions with it vs. being stolen by family. It seems in your case your sister may not be looking out for your best interest, though. You'll need the will and trust documents reviewed by someone who can tell you better what they do and do not say, what your sister is and isn't allowed to do with the money.. and then someone to review the money and real estate transactions to see what's been done with it and if it's proper or it isn't. Hence the suggestion you contact a lawyer - ideally one that was involved in this process already.


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nick007
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03 Jul 2023, 6:50 pm

^^^Good advice GF. I'll add that sometimes trust funds have managers assigned to ration the money out & have some control over how & when the money gets used. That's more common for disabled people than non-disabled. It may be a relative, close friend of your mom, or someone who works in the finachial sector. I'm not sure if that's the case for you Kitty but if you do have a manager for your share who is not your sis, I would suggest talking to them 1st. Also if your nephew is an adult I'd recommend talking to him & asking him to look over both of your paperwork.


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nick007
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04 Jul 2023, 9:10 am

Kitty Did your sis already have a house & she used the trust to help afford a new one while she's in the process of planning to sell her old one :?: If that's the case she's probably planning to pay the fund back or give you & your nephew the money she took after she sells her old house. That's still a dick move & she really shoulda consulted with you 1st & asked for your permission but that scenario would likely turn out OK financially for all 3 of you.


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