Legal Question in Family Law in California

Extracting settlement money early

Im graduating this june, and I plan to study abroad next year. I have settlement money in a cd account, in which I need a court order to extract early (It says I can not get the money until Im 18, which is not until Aug 04) I wish to use the money for my study abroad program, and the first payments are due this June. What do I need to file in order to petition to get my money early? Thank you so much for your help!


Asked on 5/07/04, 4:42 pm

1 Answer from Attorneys
Lyle Johnson Bedi and Johnson Attorneys at Law

Re: Extracting settlement money early

What type of trust is the money in? if it is a probate trust the court must approve the withdrawl. If it is a trust established by your parent then then there is a trustee and the trustee may be able to authorize the payment.

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Answered on 5/08/04, 12:32 am


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