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Personal Finance and Investing

PoindexterOglethorpe

(27,729 posts)

5. Really, things like this are very complicated.

Reply to FirstLight (Reply #4)

Thu May 11, 2023, 12:54 AM

May 2023

The state you live in does matter. You want actual professional advice here.

I know a little bit, having dealt with trusts myself, although your situation is absolutely far more complicated than anything I was up against.

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Anyone here familiar with "Family Trusts"...? [View all] FirstLight May 2023 OP

The trustee is the person who makes decisions about the trust. Phoenix61 May 2023 #1

Everything is supposed to be "equal" as far as I know about the financial aspect. FirstLight May 2023 #3

How it's divided is a different issue. Phoenix61 May 2023 #6

Consult with an attorney who does trusts in your state. PoindexterOglethorpe May 2023 #2

ok...just wondering out loud... nt FirstLight May 2023 #4

Really, things like this are very complicated. PoindexterOglethorpe May 2023 #5

What Oglethorpe said. Captain Zero May 2023 #9

I agree Rebl2 May 2023 #11

Talk to your estate lawyer Thunderbeast May 2023 #7

I was told that if a Trust doesn't specifically prohibit something, then it's allowed. A HERETIC I AM May 2023 #8

It sounds like you're on good terms with your siblings nilram May 2023 #10