Come and join our gamer community by registering for free here

Reply to thread

Message: <blockquote data-quote="JustAnotherStayAtHomeDad" data-source="post: 130807" data-attributes="member: 7828">The trust was set up decades ago, Johns grandfather owned BrownShoe company in St.Louis and Sold it because his son was not ready to keep it running, and his grandson was a child at the time. he took a portion and set up a trust for his son, and grandson, when his son died that amount rolled over to his grandson, when he and his wife died his estate was set to go into the trust fund as well. John was the last in the line on the contracts, and he never added his own kids, or wife, the state of Missouri actualy has more claim on it  than his own children because it was not "johns" money, it belonged to the trust fund. Chances are the kids will get whats left after the lawyer gets her hands in the piggy bank for her "services".  But its years away for them to get thier fathers money, at the vary least the state will rape them on taxes for the estate (mansion home, 14+ cars/trucks and trust funds cash value but should have more than enough to cover room board and general life expenses intill they are old and grey if they lawyer and Kellys famly are succesfull.I don't understand enough "law" to knw how it will all work out, but the estate is property of the trust, and the trust does not have children. John was the benificery, not the owner of the trust. But like I said, they will brobably see somthing years from now, I am shure the lawyer will spend the next 10 years working on credit with that kind of estate to charge for her services on the horizon.</blockquote>

Verification