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Trusts

The executor told me my money is being put into a trust rather than being paid to me. What can I do to stop this?

You can’t really stop it if the will is declared valid, since it sets out how the funds are to be paid to you and the only discretion the executor has is what has been granted to him or her in the will. It’s a good idea to get a copy of the will in order to understand the terms. Trusts have their own ‘language’ though, so you may want to speak with a professional. To speak with a Trust Officer CEA, click here.

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January 31st, 2023