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What's Your Advice on a Trust for SS13?

step off already's picture

SS13's Maternal GP died a long time ago as did the Great Maternal GP. The estate(s) is/are now just getting finalized due to the drug addicted people in the picture aka BM's family.

The family would like to leave money in a trust for SS13 for when he turns 25. They are not giving anything to BM. They are talking about $15K but it sounds like there may be more - everyone is being very dramatic and sly since the initial family member that was the executor was stealing from the estate - or something.

I suggested that DH may want to set it up for SS when he is 30 or even provide him an initial amount that he can access for education when he is old enough to use it and the other half for when he is 30 so he can buy a home. The family wants DH and SS and BM's one sane sister to come down and talk and they wan to tell SS what they are doing.

I suggested that this is not something that SS should be included on. For one, they'll tell him not to tell his mom, putting him in an odd position. For two, SS is the type of kid who will think he is rich and not have to do anything until that time. Who knows.

What do you think would be appropriate?

... I'm also thinking that DH will need me there because he's not that sharp with contracts, estates, etc and I have a feeling that neither is any of BM's family.

Let it be? Or try to help SS?

Comments

Disneyfan's picture

Since the money is coming from mom's family, they should have the only say in how this is handled.

Unless they plan to give him the money while he's a minor, daddy doesn't get input in when or how the money is distributed.

step off already's picture

Will didn't say anything. The heirs have decided to cut out bm and leave something to ss13 instead.

It's all sketchy...

kathc's picture

Bad idea to involve SS.

You're totally right, they want him involved but don't want his mother to know? No bueno. You can't tell a child to "not tell mom" something. Because what if she asks? Now you're telling him to lie? Uh-uh.

step off already's picture

That's exactly what I tried to explain to DH last night and I think he got it.

Dh said, 'oh, but the family wants to see him"
I said, "well that's fine, the're certainly welcome to see him anytime, but it does no good for the family to show up (after not seeing the boy for YEARS) and then tell them a secret not to tell BM"