Reply to IL’s comments about trust funds

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[quote=Anonymous]Will try to make the as high level as possible. When I married DH I knew that he’d one day be the beneficiary to a good sized trust fund. His parents are self made people who worked very hard to make a life for themselves and their son. I never knew exactly how large the amount was but think it was probably something around several million.

DH and I didn’t sign a prenup because neither of us owned property or significant assets of our own before marriage, so there was no need. The trust fund would be his family’s to control as they saw fit. DH’s parents always made it very clear, though politely, that this was their family’s money. In my mind this was obvious and all good. Unfortunately, in the past few years some unexpected medical issues and bad business have decreased the amount of the fund significantly. My DH shared this with me and said that his parents are very anxious and disappointed that they thought they’d be leaving a lot more to DH.

Fast forward a decade and my last remaining parent, my step day, passed away last summer. We were never super close but always had a pretty decent relationship growing up. It turns out he has stashed away a huge amount of money over the years, and had set up his own trust for his brother with a physical disability, me, and my brother. I never knew he made so much money, probably because we lived pretty frugally over the years when I was a teen, and I was shocked when the executor let my brother and me know we now have access to a pool of several million dollars for things like housing, education, investments, etc.

Fast forward to Thanksgiving, IL’s are at our house and DH tells them about everything we’ve been dealing with to get my step dad’s estate in order the past few months and for better or worse, he brings up the trust fund. My FIL took on this very different demeanor upon hearing this and said something to the effect of “I bet your family structured it to make sure our son won’t be able to touch a singe dime.” I was really taken aback and got really shaken when he said it a second time later during their stay

I’m really having a hard time shaking these comments. For one, I understandingly accepted their own financial intentions very graciously all those years ago and never accused them of trying to “freeze me out.” The trust from my steps dad isn’t even all mine. It belongs equally to my brother and uncle and I hardly think my stepdad was the kind of man to try and screw my family over. He was just a very careful person and obviously wants his money to be spent carefully in turn by those he loves.

So now I’m left wondering if I should say something to ILs if this comes up again. Or if DH should say something to them in private. It really stung. I’m thinking it’s very hard for them given their own financial troubles recently but this is no way to handle the disappointment. Thoughts on what to do?

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