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Relationships

Mumsnet has not checked the qualifications of anyone posting here. If you need help urgently or expert advice, please see our domestic violence webguide and/or relationships webguide. Many Mumsnetters experiencing domestic abuse have found this thread helpful: Listen up, everybody

Do I have a right to have this?

138 replies

P999 · 20/02/2020 22:36

My ex and I split 2 years ago, around the time he came into some money when a family trust on his side was formed. Coincidence? Hmm. Up until then, i was pretty much paying for everything and putting a roof over his head. My 2DDs are beneficiaries to the trust when my ex dies. He gets regular payments from this trust. He initially promised to send me the Trust deeds and then soon after went back on that promise. His brother is a big deal tax avoidance player and had a big hand in setting up this trust, which is supposed to be one that was created to manage their dad's estate. The dad is gaga now. Im sure the brother has dobe dodgy things with the trust. It's an overseas one. My ex gets huge payouts but refuses to tell me anything about them. He pays 1k per month towards girls upkeep. But I think this is peanuts in terms of his overall earnings from the trust and his job. I've called him up over his caginess but he insists it's non of my business or he ignores me. AIBU?

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springydaff · 21/02/2020 22:55

At least you're kid recognises the toxicity! That's huge!

Mine didn't I'm afraid. Fucking disaster in every possible way.

AgentJohnson · 21/02/2020 23:11

Your kids inheritance is whatever is left over after their father dies.

P999 · 21/02/2020 23:33

Sorry spring. Your kids obviously had so much worse to deal with. How do the feel about your ex in-laws now? Do they still have contact?

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P999 · 21/02/2020 23:47

Can I ask what you'd do differently? The younger one is more impressionable I think. And the shit can hit the fan when they hit their teens. I really hope your kids get through it spring. And you've managed to extricate them. Flowers

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NewbieSM · 22/02/2020 06:19

Not a vile post really, just my opinion, which you asked for by posting. If you don't want conflicting views perhaps Mumsnet isn't the right place for you.

I'm sure your ex isn't a saint, and maybe his family are toxic and a negative influence on your kids. But surely you can see how it looks from an outside perspective. Spewing hate and vitriol for these people but at the same time demanding private financial information from them so as to benefit you and your children. You husbands family trust is between him and the kids. Maybe if you had been married then you would be more involved but you weren't.

My advice is put some distance between them and you, forget about the money and move forward. If your husband loves his kids he will make sure they are looked after. If not then they will be fine as they have you in their corner to help them.

Albatross123 · 22/02/2020 07:20

You have no right to see the trust deed. If your children are named beneficiaries then they will have rights once they become adults but often the beneficiaries are listed as a class, eg. 'grandchildren' and in that case they will not have any individual rights either. It all depends on the type of trust. It sounds like a discretionary trust and in that case, the trustees wherever they are will have complete discretion as to who gets any money from it. Nobody, not even your ex will have a right to the money.

Wowwe · 22/02/2020 07:48

If you hate the ex in laws that much and the brother is a ‘borderline criminal’ why are you so desperate for their money?
1k a month Maintenance- seems more thank good to me.

springydaff · 22/02/2020 09:51

Vile post newbie.

Surprisingly hostile responses on this thread. Maybe it's the £1kpm posters struggle to get beyond.

MMadness · 22/02/2020 10:25

Your children are not entitled to any inheritance currently. It's none of your business what it says and how it's distributed.

If you think he should pay more, apply through the appropriate channels.

P999 · 22/02/2020 14:17

Think you must be right spring. So much vitriol. At least my anger is justified anger. And part of my grieving process. Not random bile against anonymous strangers. Not that I need to justify myself, but rent in a shitty 2 bed flat is 1550 per month . Its London.

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Drum2018 · 22/02/2020 14:36

Im not sure why you are getting so worked up about this now. It appears from what you say that your dc won't be entitled to any money from this trust until your ex dies. So what's the point in stressing about it? Assuming your ex is healthy he could live for many years - are you going to stress and be bitter over this until then? That would be pointless. If your ex dies there will be a legal obligation for your kids to be provided for from the trust. If you are still alive at that point, figure it out then. Though I'm sure your kids will be old enough and knowledgable enough at that time to sort it themselves.

VanGoghsDog · 22/02/2020 14:58

the dodgy brother pulled all the levers as the grandfather (who I have never met) is not capable of taking charge of the process.

If the trust is for the gf and he does not have mental capacity and there is something untoward going on, then you could report them to the office of the public guardian.

P999 · 22/02/2020 15:10

Thats a good point. Unfortunately, the dad lives in Jamaica. And yes. He was signing all sorts of docs and didn't have a clue. In fact, non of the children should be getting a penny now anyway. Given the grandfather is still alive. I just don't want any part of it now. Am washing my hands, getting on with my life and leaving them all to it. It's clear I have no legal rights to docs. Not that I'd bother with legal action anyway. And I think the cash will disappear quite soon anyway. Whatever. I don't care anymore now. The thought of persuing anything is depressing and would be bad for my MH. And that's no good for my kids either

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