Am I able to receive inheritance early?

[mtrx804]

What is the name of your state (only U.S. law)? Texas, but trust is set up in Florida.

As the question states is there any possible way to receive my inheritance early, as a fair amount of people in the united states are I have fallen on hard times due to loss of job and to tide me over untill I recieve employment is this an option?

 

[Antigone*]

What is the name of your state (only U.S. law)? Texas, but trust is set up in Florida.

As the question states is there any possible way to receive my inheritance early, as a fair amount of people in the united states are I have fallen on hard times due to loss of job and to tide me over untill I recieve employment is this an option?

Since, we are going to have to play dentist, we might as well start from the beginning. Is the person leaving you this money even dead yet?

 

[nextwife]

There is no inheritance until the person dies AND their creditors and end of life expenses paid.

 

[mtrx804]

Yes, they passed about 2 and half years ago.

 

[nextwife]

Is there a will? Has probate been filed? Creditors paid?

Is part of the estate real estate that needs to be sold?

 

[mtrx804]

Everything has been competed the only portion of the estate im entitled to is money all of the property has been left in the care of my aunt.

 

[anteater]

Alright, you mentioned a trust. That implies that there is a trust document and a trustee. When does the trust document say that you are to receive the funds left to you? And have you asked the trustee if it is possible to receive them early?

 

[>Charlotte<]

OP, you're below the age specified by the trust and you're trying to get around that. Correct?

 

[anteater]

OP, you're below the age specified by the trust and you're trying to get around that. Correct?

No prompting the witness! I'm just getting to pulling the molars!

 

[mtrx804]

Haha correct i am 23 and i am required to be 25. I hav not asked the trustee yet but i was going to find out if it was even a possibility since it does state pretty clearly all the people reciving this would have to be 25.

 

[anteater]

It doesn't hurt to ask, but your chances are pretty slim. You would be asking the trustee to disregard the provisions of the trust - not a good thing for a trustee to do.

 

[tranquility]

In such situations, the only response is to see an attorney.

 

[>Charlotte<]

No prompting the witness! I'm just getting to pulling the molars!

Ooops. Sorry.

 

[>Charlotte<]

If the purpose of the trust was so you wouldn't spend it all by the time you were 23, that was pretty good foresight.

 

[Antigone*]

Ooops. Sorry.

LOL...Charlotte. You know, anteater loves playing dentist especially when he has to dig deep!!!