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QLD Beneficiary - How to Get Money Held in Trust?

Discussion in 'Wills and Estate Planning Law Forum' started by Timnuts, 27 September 2016.

  1. Timnuts

    Timnuts Well-Known Member

    7 April 2016
    Likes Received:
    Hi there,

    My dad passed nearly 8 years now and he had set up a trust account with 300k in it for his 3 children, myself and my brother and my sister with my mother being a beneficiary of the interest each year for roughly 15k.

    Since that date, I have had major personal health and economical loss due to a tumor and a back injury. My ex is being a **** and will not settle on my property issues, which would entitle me to that monetary pool as well

    My question is, how can I gain access to my money in my father's trust if it is legally mine but can not access it until my mother passes (which I would never want to happen)?

    I have a copy of the will and the executors of will in this situation are my aunties. I am in real need of this money to get back on my feet and restart my own life again
  2. Victoria S

    Victoria S Well-Known Member

    9 April 2014
    Likes Received:
    If the provision for your mother's interest income is contingent on that money being held on trust then you may not be able to unless you can somehow provide that income to your mother. It depends on the terms of the trust.
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