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Money and Finances
Reply to "moral/ethical dilemma regarding trust fund spending"
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[quote=Anonymous]Is your dilemma that you'd be using the money while your father is still alive? When my grandfather died many years ago (before I even knew my husband), he left me a much smaller amount of money. It was invested, with a financial planner, in stocks in a trust that I could not touch until age 30. Around age 30, I was also getting married. We took several of the stocks, which had grown significantly thanks to the stock market boom of the 90s, and used it to fund a down payment on our house. The only difference I see is that you are already married and have kids, already have a house, and it seems your father may still be alive. What is the point of the trust if you cannot use it? It is lovely you want to fund college educations. Were there stipulations from your father that the money be used for certain items, such as education, and not other items, such as houses or vacation??? [/quote]
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