View Full Version : Finding settlement money that was held in a trust until I turned 18
Need2nooo
Sep 7, 2010, 09:01 PM
My child received a settlement from Chevron when she was 3 set up through my mother. My mother is now deceased, and my child turns 18 years old this week. How do we find the trust account. We live in Richmond, ca
morgaine300
Sep 8, 2010, 03:17 PM
I've moved this to a more appropriate spot. This isn't what accounting is about, and it certainly isn't homework.
DownUnder
Sep 8, 2010, 05:28 PM
Do you know for sure a settlement was set up through your Mother? Seems to me that someone other than your Mother would have knowledge of this ,Since it was a settlement perhaps an attorney who worked on the settlement would know. I just find it strange that you would wait until the week she is to turn 18 to start asking about it. Did you not see any paper work or anything before now? What about your mothers will or estate? We need a little more information so we can better advise you
Fr_Chuck
Sep 8, 2010, 05:35 PM
You will need to go though all of your mothers papers and find out where the trust was put, often settlements are placed in banks or most often with insurance companies.
Next contact chevron and see if they have any info as to how the trust was set up. Your mother should have left this info for you , there is no national data base on things like this.
ScottGem
Sep 8, 2010, 05:35 PM
If a trust was setup, the trustee will be charged with finding the beneficiary of the trust when it comes due.