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Reply to "financial advisor for a trust fund challenged couple "
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[quote=Anonymous]I don't follow; your finances are not in order but you want to buy a bigger house? The answer to your husbands argument by the way is this: if your husband does before you, the trust may not go to you. Therefore you can't rely on it. Unless he does have a copy of the trust and actually knows the details this seems a very fair argument. If he has siblings as well, these things can get dragged out in court, trust or no trust. For context I know there's a trust for me(only child) that's probably in the $5 to $10 range. I don't know exactly and I don't ask. Nevertheless, I save $50k a year. The odds of me not getting the trust are low, but there's always a non zero risk. Sounds like your trust might be more like $100M, in which case I'd worry about litigation from family.[/quote]
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