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Reply to "Do you know how much is in the family trust?"
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[quote=Anonymous]There was a mysterious family trust that I had to pay taxes on for years. My grandmother gave me 1K from it every year. The tax amount was minimal so I didn't care that much. It was a little weird to me that i was never given the details of it. It turned out that after my grandmother's death it was distributed to her children. So, what I got was 1K a year for 25 years and then nothing. It was a lot of tax complication for a small amount. I wonder if the amount the accountant charged for sending out dozens of tax forms each year was more or less than the amount that was even disbursed. That said, those 1K checks in my younger days were much appreciated.[/quote]
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