Jeremy Renner Accuses His Ex-Wife of Misappropriating Almost $50,000 from Daughter's Trust Fund

May 19, 2020 16:19


Jeremy Renner Accuses His Ex-Wife of Misappropriating Almost $50,000 from Daughter's Trust Fund https://t.co/XpfqzTcZJc
- People (@people) May 19, 2020
Renner alleged Pacheco had transferred nearly $50,000 in less than 2 years from their daughter Ava's trust fund account ( Read more... )

celebrity children / siblings, family drama, legal / lawsuit, jeremy renner

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rubie_dubidoux May 19 2020, 16:27:12 UTC
is 27 a standard age for being able to access a trust fund? seems random.

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dumpweeds May 19 2020, 16:30:13 UTC
I think that’s just the leftover. So after she goes to college etc and if she goes to grad school, 27 is when she’d be done and get what’s left in the account

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veritas_44 May 19 2020, 17:52:08 UTC
Most trust funds can be set for any age or with any stipulations you choose. At 18, you can petition the courts to get the money sooner but that usually only happens in dire circumstances.

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astorpl May 19 2020, 19:25:05 UTC
when I was 12 I got hit by a car, and I got 80k from the lawsuit. I got the money when I turned 18. my family is generational poor and didn't teach me a single thing about saving or credit so I spent it soooo quickly on stupid shit (i mean yes school and housing but also way too much stupid shit). I'm now 25 and in debt, have not so great credit, and I wish soooooooo badly I could go back in time and 1. teach myself basic money tips 2. not to use that money until like 22. sure, some people can be very very responsible at 18, i'm just speaking for myself

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xdecadentx May 19 2020, 20:48:17 UTC
I think my parents taught me a bit about saving/credit and I still had no idea when I got to being on my own at uni, so it's completely understandable when people faced with money at that age don't have the foresight they should.

I remembered that when I saw the ATP (tennis) has a 'university' for young players where they have to go for like a day or a weekend to learn about how to deal with the money they're suddenly making. I do think it's something that should be taught at schools.

I'm sorry about your debt situation.

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astorpl May 19 2020, 21:53:09 UTC
thanks for saying that, i'm working on not dwelling on my past mistakes and being so hard on myself. it really is not completely my fault that i wasn't taught these thing in high school! thats a really great thing they're doing!

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xdecadentx May 19 2020, 22:53:40 UTC
I do remember our sociology teacher in sixth form (so like 17-18) asking us what we thought should be taught in schools.

He commented he thought finance/taxes/mortgages etc should all be taught and tbh I've thought about that a lot ever since.

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sisterruth May 20 2020, 22:25:02 UTC
My mom told me ages ago (when my parents were still married) that their wills specified the family estate/property would be held in trust until my brothers and I reached age 30. Which is hilarious to me because we so thoroughly absorbed my dad's thriftiness.

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