Can you pay for child support from a trust where the child is the beneficiary?
#AskMeAnything Episode 46 continuation...
Question 3. Can you pay for child support from a trust where the child is the beneficiary? My wife and I are recently divorced. Years prior to our divorce, we set up trusts for each of our daughters. I am the trustee and my daughters are the beneficiaries of each of their trusts. The trusts own shares in a private company that may have a substantial liquidity event in the near future. Considering that the trusts are intended to support the expenses of my daughters, can I pay for their child support including their private school tuitions from these trusts?
Видео Can you pay for child support from a trust where the child is the beneficiary? канала Sky Unlimited Law
Question 3. Can you pay for child support from a trust where the child is the beneficiary? My wife and I are recently divorced. Years prior to our divorce, we set up trusts for each of our daughters. I am the trustee and my daughters are the beneficiaries of each of their trusts. The trusts own shares in a private company that may have a substantial liquidity event in the near future. Considering that the trusts are intended to support the expenses of my daughters, can I pay for their child support including their private school tuitions from these trusts?
Видео Can you pay for child support from a trust where the child is the beneficiary? канала Sky Unlimited Law
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