Fund Request

[ddonn74]

Hi, so my brother died some time ago, leaving myself and my sister, joint executors to his will. We are holding funds for his daughter who is now 17. She is due to access this once she is 18. We are not on speaking terms with her mother as they were separated (hence us being given the responsibility) and have only been given limited contact to his daughter.*

We have recently received a letter from her mother asking for an update on the funds - as she still parental responsibility but this has come from an unrecognised C/O address.

Do we have the right to ask for evidence that she does live at this address as we know that she doesn't live there - reason being we could be sending sensitive information to an unknown address?

As our niece is now 17 and soon ready to access the funds, how much do we need to involve her mother and should we not be directly involving our niece as it her funds?

Thanks

[ostell]

I would say the mother has no right to ask about the status of the fund.* What has parental responsibility to do with this?.

I would say wait until the daughter reaches 18 and contact her then.

*

[ddonn74]

Thanks for the advice

[des8]

As trustees you are not obliged to give the mother any information about the trust funds at all, unless the testator gave specific instructions.


OOPs late posting so crossed with ostell (through imbibing and chatting to OH!)