If my daughter is 2 years old and she has a trust fund that she can’t touch until she is 18, is their anyway that I can receive the money before then?
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If my daughter is 2 years old and she has a trust fund that she can’t touch until she is 18, is their anyway that I can receive the money before then?
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Asked on May 15, 2013 under Estate Planning, North Carolina
Answers:
Nathan Wagner / Law Office of Nathan Wagner
Answered 10 years ago | Contributor
It all depends on what the trust document says. The trust may be able to pay for some of your daughter's expenses if the trust says that distributions can be made for her health, maintenance, or support. Furthermore, the trust document might say the trustee can use their discretion about whether or not to grant even this kind of distribution. There is even a possibility that the trust will allow no distributions at all until she is 18. So, you can only answer this question by looking at the terms of the trust.
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