If a significant inheritance can only be accessed if they are married, can they get some of the money willed to them if they needs the money to finish graduate school?
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If a significant inheritance can only be accessed if they are married, can they get some of the money willed to them if they needs the money to finish graduate school?
His parents let him a significant inheritance. He is not married but is in desperate need of money for his last year in graduate school. Is there any way for him to access his willed inheritance for just enough money to finish his studies for an MA degree? He is not married and in the last year of grad school and needs money. I am a Catholic priest he is asking for an opinion.
Asked on July 1, 2019 under Estate Planning, Texas
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
No, whether the inheritance you mention was set up in a will or in a trust, it is governed by its plain terms. Regardless of his need or how good the cause is, none of the executor(s), the trustee(s) or the court(s) have any power to disregard the plain terms of the will or trust, or any discretion to pay out some of the money unless the proper terms of the document are met.
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