Reply to Financial planning when you know you'll be inheriting a trust

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[quote=Anonymous][quote=Anonymous]I don't have much detail on the trusts other than they are generation skipping (from my grandparents to my sister and me) with my dad as executor (and yes even if my mom is still living it's contingent on my dad). They have their own money which will be passed to their grandkids if there's any left [/quote]

Would your dad be willing to sit down with you and go over the full details of the trust, amounts, investments, etc so you can plan more effectively? That seems like a reasonable request. People get weird about trusts, but if you position it as just making decisions about retirement savings (not looking like you want to access it sooner), I can't imagine a reasonable person would object.

You should have full information about assets that are yours, and it sounds like the trust is. As the executor, he has a responsibility to do what's in your best interest, and having the information is in your best interest.

Sounds like your dad is also pretty good with money, so maybe you get his advice on how you should invest for retirement & think about upcoming expenses, and that will naturally open the conversation up about the trust. [/quote]

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