QLD Who Can be an Independent Trustee for Will and Estates?

[winston wolf]

In no particular order I see you option as.

• Contest the will to get the money. This will cost everybody a lot and probably wont end well.
• Convince the executor to make as ( @Sarah J suggested) to pass the trust to the Public trustee. Just remember they are a bureaucracy and will do their duty but don’t "care" about you. But you wont have the family history to deal with.
  
• Leave thing as they are.

BTW you need to get a copy of the will to truly know where you stand. The executor must provide this if you ask . A small fee may be charged.

 

[cheryle]

In no particular order I see you option as.

• Contest the will to get the money. This will cost everybody a lot and probably wont end well.
• Convince the executor to make as ( @Sarah J suggested) to pass the trust to the Public trustee. Just remember they are a bureaucracy and will do their duty but don’t "care" about you. But you wont have the family history to deal with.
  
• Leave thing as they are.

BTW you need to get a copy of the will to truly know where you stand. The executor must provide this if you ask . A small fee may be charged.

Thanks again Winston will ask for will again.

 

[Sarah J]

Did the will itself create a trust or is this money on trust for sale administered by the executor/trustee for the trust for sale? If the will created the trust, you need to look at the terms of the trust. If it is a trust for sale, therefore, it is held on trust while the executor/trustee distributes the property of the will, and you cannot immediately take the money because of some contingency in the will, then what I say above applies.

 

[cheryle]

Did the will itself create a trust or is this money on trust for sale administered by the executor/trustee for the trust for sale? If the will created the trust, you need to look at the terms of the trust. If it is a trust for sale, therefore, it is held on trust while the executor/trustee distributes the property of the will, and you cannot immediately take the money because of some contingency in the will, then what I say above applies.

Thankyou Sarah