07 June, 2020

Quora Answer: When Can I Expect to Receive My Trust Fund?

The following is my answer to a Quora question: “When can I expect to receive my trust fund?

That depends on the terms of disbursement of the trust fund.  You may refer to the trustee, and he has to show you these terms, as the beneficiary.  In most cases, the beneficiary receives the entirety of the trust upon reaching the age of majority.  However, the settlor of the trust can put up different conditions, such as lump sum payments at specific milestones, a stipend for the rest of the beneficiary’s life until the fund is exhausted, or any number of stipulations.



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