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  • FIRST POST
    • blakeboro
    • By blakeboro 11th Apr 18, 4:17 PM
    • 3Posts
    • 0Thanks
    blakeboro
    Trust fund and Inheritance
    • #1
    • 11th Apr 18, 4:17 PM
    Trust fund and Inheritance 11th Apr 18 at 4:17 PM
    Hello All


    I'm looking for a little advice or even pointing in the right direction to get the advice I need


    My ex-wife and mother to my three children died 7 years ago and left in total around 110k which since my ex BIL was a financial chap we mostly loaded into a trust fund, and investments etc . we nibbled away over the years for the kids and they're now all over 21 and myself and the other trustees would like to distribute the fund to the kids so they don't have to come cap in hand to us for it every time they need


    My thoughts are divvy up 3 ways and put a substantial sum (30k? each) into a high earning account (with an access scenario of say 30days) for them respectively and give them
    the cash of the other 5k or so.


    I have never done anything remotely like this and would like some assistance in where to turn


    Your collective assistance is most welcome


    Many Thanks
    Mark and The Family
Page 1
    • McKneff
    • By McKneff 11th Apr 18, 4:26 PM
    • 35,996 Posts
    • 46,351 Thanks
    McKneff
    • #2
    • 11th Apr 18, 4:26 PM
    • #2
    • 11th Apr 18, 4:26 PM
    Nibbled away at for what?
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
    • blakeboro
    • By blakeboro 11th Apr 18, 6:13 PM
    • 3 Posts
    • 0 Thanks
    blakeboro
    • #3
    • 11th Apr 18, 6:13 PM
    • #3
    • 11th Apr 18, 6:13 PM
    Not sure it makes a difference bit suffice to say for things for the kids. Living expenses at college etc. Car purchase for one of them
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