Legal Question in Wills and Trusts in New Jersey
trust fund
When the grandmother died she left a trust
fund for three of her grandchildren that
when they became 18 they would receive their
share of the fund. When the first child
reached the age she was refused her money.
The guardian of the trust said the money
was used to pay lawyers fees because the
will was contested. Can a childrens trust
fund be used this way? What is the best
way to go? The family does not have the
money to fight this in court, because the
father died two years ago. The daughter needs
this to help pay for her college.
1 Answer from Attorneys
Re: trust fund
This question cannot really be answered without knowing alot about the history of the case. What happened after the grandmother died? The will was likely probated since you mentioned litigation. However, that would have likely led to some Court Order. What did the Order say? There are alot of unanswered questions. I would be happy to discuss them with you if you want to call my office at 609-546-8010. Good luck!
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