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trust fund

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jonivg

Junior Member
What is the name of your state? wisconsin (location of trustee) indiana (location of child)

my sister, in wisconsin, set up a trust fund for my son. she is deceased, now. the trust fund is for my son's educational expenses. my son who has ADD had problems in college last year with academic grades. a hold was put on for one semester, but now the dean of students has removed the hold and has allowed my son back into college. does the guardian of the trust have the legal right to withhold funds for my son's college expense?

what expenses would normally be covered?
 


Dandy Don

Senior Member
Have you even discussed this with the guardian? Who is the guardian--a relative or non-relative?

Perhaps the guardian was concerned about the possible foolishness of spending money on college tuition expenses if the grades were failing. Try to alleviate the concerns by getting tutoring/mentoring help for the student and seeing if the student has any intent on improving his academic abilities.
 

jonivg

Junior Member
guardian is a non-relative (my sister's partner) - my son advised the guardian that he will have free tutoring at the college which he will utilize. the main problem is the guardian indicates she has no time for checking with the college. my son took the initiative - contacted his guidance counselor, contacted the dean, sent an email to verify what the dean requested, and completed an online application. the guardian had not mentioned at that time that she had any problem with my son going back to college.

now that he has completed the necessary steps to re-enroll, the guardian indicates she doesn't feel my son is ready to go back to school.

i thought if the college approves his readmittance that the guardian would follow their recommendation.
 

anteater

Senior Member
....now that he has completed the necessary steps to re-enroll, the guardian indicates she doesn't feel my son is ready to go back to school.
And the trustee/custodian may well have that discretion. You still have not indicated what the terms of this "trust" are.

i thought if the college approves his readmittance that the guardian would follow their recommendation
Maybe... maybe not. The recommendations of a college dean do not have the force of law.
 

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