Recent content by kitty27

  1. K

    Inheritance Question

    Pretty close. The minor's funds were commingled, put in the same bank account as the trust for the older child. The older child needs to work with the trustor/trustee to stop being beneficiary of the trust for the older child. They want to re-assign their interest in the trust or have it...
  2. K

    Inheritance Question

    The older child
  3. K

    Inheritance Question

    Thank you for the reply! The younger child's funds were likely commingled into the first trust, and the younger child's trust may not be valid since they are now an adult and the trust has not gone to probate court to approve it now that they are an adult. There may only be the self settled...
  4. K

    Inheritance Question

    It's a hypothetical that I'm concerned will become true.
  5. K

    Inheritance Question

    Say a parent has two children and sets up two irrevocable trusts, one for each, and is the trustee of both. The younger child received life insurance from the other parent, as a minor. The parent puts the life insurance funds in a trust account for the younger child. The younger child grows up...
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