I went to the family get-together Christmas thingy at my Dad and Stepmom's yesterday. It was fun as always seeing them and my siblings, their spouses and my sister's kids, my step-siblings and their spouses
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I don't envy your situation re: the trust fund. Money and family don't mix well. There was an issue with an inheritance on my mother's side of the family and it caused all kinds of problems within the family. They were all eventually resolved, but it left scars, and while it didn't involve me directly, I did come to believe after the whole fiasco that the money shouldn't have been touched until all the conditions set forth in the will had been met.
The situations are different of course, and I know nothing about estate planning, so I can't say whether or not the set-up of the original trust was the best way to manage the money. But I think if you have ethical and moral concerns about this, then you should definitely express them to your family. I think it's a good rule of thumb to ask yourself if dissolving the trust would still honor your Great Grandmother's wishes regarding the money and let the answer guide you in making your decision.
All of this is JMHO and I'm in no way trying to tell you what you should do. I just thought you might be able to benefit somewhat from my family's experience. Good luck with all of this.
I don't envy your situation re: the trust fund. Money and family don't mix well. There was an issue with an inheritance on my mother's side of the family and it caused all kinds of problems within the family. They were all eventually resolved, but it left scars, and while it didn't involve me directly, I did come to believe after the whole fiasco that the money shouldn't have been touched until all the conditions set forth in the will had been met.
The situations are different of course, and I know nothing about estate planning, so I can't say whether or not the set-up of the original trust was the best way to manage the money. But I think if you have ethical and moral concerns about this, then you should definitely express them to your family. I think it's a good rule of thumb to ask yourself if dissolving the trust would still honor your Great Grandmother's wishes regarding the money and let the answer guide you in making your decision.
All of this is JMHO and I'm in no way trying to tell you what you should do. I just thought you might be able to benefit somewhat from my family's experience. Good luck with all of this.
*hugs*
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