B
blazer
Guest
WA. My three daughters are the benificiarys on my fathers trust, who has now passed away. The trust is being handled by a financial instution who was assigned by the court as trustee. They are allowed to draw funds out of the trust for college, down payment on a home, etc. with aprovial of the trustee. They will get the remaining balance when each one reaches thirty. What they are wondering is if they can turn there benificarys over to some one they trust so the new single benificary will inturn be able to give them all there money right away, and bypass the stipulations of the trust, while also avoiding the fees the financial instution is charging. For two of the benificiarys it will be another 12 years befor they reach thirty.