1995/6 trust fund??

oakwelly

Hi, in 1995/96 my in-laws won a fair bit on the lottery and said they had put some money in a trust fund for our son. I'll keep it brief, but there have been major issues in the family and we now have no contact and they are very un-aproachable. Anyway our son is now 26 and he has heard nothing about this trust fund and he is not sure if it even exists. Our son did a general search which showed nothing (find my lost account) So does anyone have any idea how he can go about finding out if there is anything out there. Many thanks x

Malthusian

The "my lost account" search wouldn't necessarily bring up a trust fund account if, for example, it was in the names of the in-laws with only an abstract designation (like his initials) to indicate that it was a trust fund.

Does he have any evidence that a trust fund exists in his name? Such as something in writing from the in-laws? If not his best bet is probably to forget about it.

In the absence of any evidence, it is perfectly possible that they never followed through and put any money into a trust fund for him. Or did no more than mentally "earmark" some of their own money for him, which amounts to the same thing.

oakwelly

Hi, thanks for replying. He has no evidence that's why we doubt it actually exists. He is happy enough to forget about it but we were just curious,

DoctorStrange

There's nothing to lose by asking them?

I know you say they're "unapproachable" but a simple enquiry from your son,  without emotion or expectation, might help?

A simple text/email simply enquiring whether any provisions were indeed made would probably help - even if the answer is simply confirming its all going to charity.