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Your deceased dad left a trust fund for you when you were a minor. Your mother won't tell you where it is located and you are now 25. How do you find the trust fund?
Wiki User
∙ 11y ago
First, check in the records of the probate court where your father died to see if there is a probate file in his name. If there is, you can request the file and review all the documents. The trust may be mentioned as well as the name of the attorney who probated the estate.
If you don't find a probate file, then think about how you know your father left a trust fund for your benefit. Ask any relative who ever mentioned or seems to be aware of that trust fund. You need some sort of information to start your search. Try to discover the name of the attorney who your father may have used during his life and call that attorney.
If your mother is the trustee, you may sue her to compel her to turn over the trust fund to you or at the least to account to you for the handling of the trust. As the trust beneficiary, you have a right to the funds if the trust calls for a distribution at 25 and even if it does not require a distribution at 25, you have a right to an accounting of her administration of the trust fund. As trustee, your mother has a fiduciary duty to do these things and the court will enforce that duty. Either of these actions will give you the location of the trust fund.
You should schedule a consultation with an attorney who specializes in trust law.
Wiki User
∙ 11y ago
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No
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Can same assets be left in a will and a trust?
If the deceased's will leaves assets to a person but places them into a "trust" for that person, yes, they can.
Can living trust be created for a minor and can they be the trustee?
Yes, a living trust can be created for a minor, with a responsible adult appointed as the trustee to manage the assets on behalf of the minor until they reach a certain age specified in the trust. The minor cannot act as the trustee due to their legal status as a minor.
In Florida can creditors collect from the deceased's estate when the house is held as a trust?
No.
Under what circumstances is a trust essential?
A trust is essential when the beneficiary is a minor or an incompetent,
If your deceased mother left a revocable trust but owns a car could it end up in probate?
Perhaps, it depends upon the terms of an existing Will and the exemption status as designated under the state's probate laws.
