Law advice needed!
Jul. 25th, 2005 11:24 pmSo, lawyers are giving my mother conflicting stories. Here's the deal:
My grandfather dies in New Jersey, leaving my brother and I inheritances, but specifies that they should remain in trust, with my mother as the trustee, until we each reach the age of 35.
Some people are telling us that the money must stay in New Jersey, invested there, until that time. Others are telling my mother that she can move the money elsewhere now that the estate is finally settled.
Anyone have any idea which is correct? Hey, it's worth a shot. :)
My grandfather dies in New Jersey, leaving my brother and I inheritances, but specifies that they should remain in trust, with my mother as the trustee, until we each reach the age of 35.
Some people are telling us that the money must stay in New Jersey, invested there, until that time. Others are telling my mother that she can move the money elsewhere now that the estate is finally settled.
Anyone have any idea which is correct? Hey, it's worth a shot. :)