| Our children are beneficiaries to a trust that was established in New York state. We live in Florida. We have received (through the will) a general outline of how the trust can be established by the trustee. The trustee lives in New York state.
I am assuming (in answering this question) that a will established a trust.
Q: As the parents/guardians of the beneficiaries (our children) what rights do we have to monitor the establishment and the status of the trust?
A: None, unless the trust instrument (which, as I said, I am assuming is the will) gives y'all some kind of rights. The kids will get whatever the maker of the trust wants them to have.
Q: The trust in this case is a sum of monies. Is there a location on the Internet where we can obtain legal information pertaining to this subject?
A: There are millions of websites devoted to this subject; narrow down your search on Google.
[url]http://www.law.com/[/url]
[url]http://www.finance.cch.com/[/url]
I can't guarantee the accuracy of either site. | 
08-18-2005, 12:59 PM
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