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Reply to "Wish I had a Trust Fund"
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[quote=Anonymous][quote=Anonymous]I have a trust fund with about 10 million in it. I can only touch it if I have a health emergency or if my bank account goes under $15,000 and then I have to write a long explanation to the trust officer and basicall beg them. Its not always what you think it is and as crazy as you may think this sounds, I wish I did not have this trust given the extremely limited access that I have and how fustrating it is that I really cant touch it![/quote] I have a very similar situation, and I feel extremly lucky. I would never consider asking for any of it for a reason other than education ir a true emergency (which we luckily haven't experienced). I had the ability to get a good education, and my kids will do the same. Right now, we are in a wonderful public school, but it is great to know that we could switch to private any time if it felt like a better fit. I have a jd and have considered getting other degrees on different occasions, and I feel extraordinarily lucky that I am fortunate enough to be able to make those considerations without thinking of the money. So far, it hasn't made sense, but my family has a history of going back to school during retirement because we like education, so maybe I will do that too if I want to play with a new interest. We work hard and save aggressively for retirement, but I don't have to worry about college costs and it is so freeing to know that we have such a large safety net if we were to need it. I don't undersyand pp's attitude at all.[/quote]
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