This depends on a few things and there is no direct answer. For example, do you know who created the trust fund and when? If the person is now deceased, it may be possible to find a copy of their Will through the Probate Court. That said, if you are due to inherit a trust fund as part of a deceased relative’s will, you would be contacted in due course. In this respect, there is no need for you to ‘find’ your trust account, as it will technically find you.
For any teenagers out there who want to find out some more information about a trust fund, they may well have to wait until they reach the age of 18 before anything can be made available to them. In fact, if you are a potential recipient of a trust fund, you cannot receive it until it has received the authorization from the trustee(s). Taking this into account, it doesn’t matter how you can get hold of your trust fund as you will not be able to get it without the consent of the trustees anyway.
Parents or grandparents sometimes set up a trust fund as a means of providing a type of financial security for their children or grandchildren in the future. They may set conditions on the fund before it can be released though and this may include details such as the earliest age at which the recipient can access it or they could even set rules on determining what the money can be used for.
A trust does not only have to be money however, as it may also include property, bonds or stocks for example. At least one trustee will be appointed to the trust and it is left as their responsibility to ensure the fund is used in the best possible means by the recipient.
Me and my brother were told when we were born there was a trust fund opened in both our names by our fathers parents, I have try ed to find out to no avail can anyone help me!
There are a lot of web sites that deal in nothing but unclaimed funds. If you know what State the fund was in when it was lost you should contact their Department of Revenue and they should have an unclaimed property department that hold these funds for the legal amount of time necessary to find the owners. Otherwise just do a search for unclaimed property most ask you name and other information. Once input if you have any the site will let you know and let you know what to do to claim the property.
Military records would have nothing to do with exercising rights in a trust fund. As a Viet Nam vet's kid, you would now be long past the age, 21, at which the law would require the trust fund to transfer into your name. If such a trust ever existed - and remember, lots of childish and uninformed but nevertheless hopeful young parents make empty promises to their children that they never get around to keeping - there would have been a trustee, usually a family member such as a parent of adult relation, whose responsibility it would have been to execute the turning over of the fund to you at age 21. In all likelihood, the trust never existed or was never funded; or it was revoked by its maker (or possibly maker's wife or husband - your other parent) because the money was urgently needed for other things. But suppose a trust actually existed and somehow got lost, assuming you were, say, 3 years old in 1972 when the war closed, you would now be 38 years old. That would be 17 years past the age you were entitled to the assets of the fund. Depending on that state's escheat (unclaimed propety) laws, the fund could still be available for claiming, or it might already have been forfeited. If it goes as much as 21 years then in probably all states you would be out of luck.
My father set up a trust fund for me when since I was a little girl and I don't know where my father is due to mum and him seperating ow do I go about finding it.
If you know what state the trust fund was set up in check with the states unclaimed money list using your name...
In the early 1900s a trust fund was set up by James Beatty of Conshohocken, Pennsylvania, usa. John vaughan and catherine vaughan trustees, and to be passed on to eldest family member. But nobody in family receiving money apparently. Can you help please
My grandmother is mismanaging my sister and my trust fund. She keeps loosing money in the stock market. My sister and I are full time students and it is a struggle to get money for even books. I was told that the will said my sister and I would be entitled to the money when we became "of legal age." my grandmother will not show us a copy of the will my grandfather left. My grandmother is in the beginning stages of Alzheimer's Disease and we are concerned. All her sisters alive have Alzheimer's and her irrational behavior is getting worse.
How can my sister and I remove her as the trustee and maybe give control to a bank or someone else. We need money for school (university) and at the rate she is loosing money to the stock market, there will be nothing left for school. I have completed 2 1/2 years of university and my sister has 3 years to go. Can someone help us please?
If the trust fund was not actually funded, don't worry have them redo the fund paperwork for a few hundred dollars ....since it looks like everyone is either dead or out of touch, there must be a monthly report if the $ is still in the fund if it was funded in the first place ....look in the sates unclaimed $ list under a trust with your name or your relatives name or the trustees name
We don't have fund for my charity can you help me
I have a trust fund that was abashed fore me in the 1980'd. The person that filled out my trust Sid"that I would be located when I reach between the age 31and 32 " .What does it mean to be located?
My father die in 1963 his attorney st up a $20,000 trust fund for me in 1963 my mother was bonded by the court but she have no info what do I do to fine it the attorney die in 1978
My great aunt set me a trust fund years ago and I am now 21 years old two days ago and would like to find out more about my trust fund
A business trust fund on a restaurant with two partners was lost in illinois and
can it be replaced.
I my grandma left me some money., etc..She did this in 1979 ,before she died. I was 13yrs old. I am now 47 yrs old. Female. So could you help me find out , what happen to it. Thankyou D. Walton.