How to Access a Family Trust
Instructions
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1
Find the name of the trust at the heading of the document. An example of a heading would be "The Michael S. Howard Trust Fund."
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2
Find out who the trust's grantors are. They are the people who made the trust fund. A trustee successor is someone who inherits a family trust once the trust grantor dies. The family trust must specify the trust grantor as well as the successor.
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3
Go through the trust's assets. An asset is something that can be exchanged for money. They can include precious metals, cars, or bank accounts.
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4
Find the people and groups that gain from the family trust. For example if John dies, his son will be the owner of the family trust's assets. A recipient of a family trust often is a non-profit group or a minor.
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5
Follow the family trust's directions on how to access it. A trust grantor may put in an age requirement for when the recipient can access the trust fund or make the trust fund available once the recipient completes his/her college degree.
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