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What legal rights do I have to a Trust Account as a listed beneficiary?
I am a listed beneficiary to a Trust Account. The Trust Administrator keeps making promises that disbursements will be made, but nothing has been paid. The Administrator is difficult to contact, constantly ignoring phone calls and emails. This has been going on for 2 years and the account's Administrator has changed hands 3 times. What legal rights do I have? The value of the trust has diminished substantially since 2 years ago and I am getting the feeling they are dragging their feet on purpose. Any advice would be appreciated. I am a beneficiary in one state, where the Trust is administered in another state.
3 AnswersLaw & Ethics1 decade agoWhat is the best way to invest this money?
I am 22 years old, and I recently came into an inheritance from a relative who passed on. Though the estate is currently being valued and will have to go to probate due to some unresolved matters with a property he owned, there was a lifetime annuity that was created and not included in the trust. What it boils down to is, for the next 12 years, I am to receive a monthly deposit of $500 (from the annuity). I want to do right by him, as he did a lot for my family and was a true gentleman.
His close friend and personal financial adviser has recommended that I put an amount towards a Roth IRA and he suggested opening a Money Market account. Here's the problem: I don't know how any of this works. Can someone be kind enough to explain what my best options are? He attempted to explain it, but I didn't quite grasp it. Any help is greatly appreciated!
2 AnswersInvesting1 decade agoWhere can I find formica and can it be drilled into?
I am currently working on a project to create my own desk as I am not finding what I need in my budget. I was thinking of purchasing a formica counterttop measuring 4.5 ft x 2 ft or 4 x 2 ft depending on cost.
First question: where can I find formica?
Second question: can formica be drilled directly? As in, to drill a few holes for cord management of my phone and computer as well as to bolt some drawer units to the bottom.
Any guidance is greatly appreciated!
3 AnswersDecorating & Remodeling1 decade agoBest way to pay off credit cards to improve credit score?
As a college student, I've racked up some credit card debt. I have never missed a payment, and have always paid at least $5-10 over the minimum amount.
My grandfather recently passed away and he left me quite a large sum of money. What would be the best way to pay off these credit cards? Should I pay half one month, and then half the second month?
The goal here is to a) settle my credit card debt, and b) improve my credit score. The inheritance money will be released to me monthly until the amount expires (around $500 a month for the next 10 years). Any guidance/suggestions are greatly appreciated.
4 AnswersCredit1 decade agoCan someone explain how WeatherBill works?
How does this work? Say I want to buy a contract that pays $100 per day over 65 degrees for a period of 5 days. Would I only get as much as I paid for the contract (say 3 days) or would I get $500?
1 AnswerOther - Business & Finance1 decade agoShould my parents file me as a dependent on their taxes?
I am 22, work part-time and go to school full-time. I do not live at home and am not supported by my parents. I make over $3,200.00. Do my parents still need to list me as a dependent since I am not 24?
8 AnswersUnited States1 decade ago