Kamille
Shine bright like a diamond
- Joined
- May 5, 2009
- Messages
- 16,781
- Reaction score
- 6,303
Exactly. Sheila should have made a Family Trust with her husband instead while he was alive and Heather was little, so that Heather didn't feel so entitled. We just created one, and the only way that our daughter gets money aside from us giving it to her is if something happens to both of us, then she'll get some at 21, some at 25, and some at 30. Sheila should have done something like that instead.
I think Sheila did have some kind of trust set up for HM and her brother WW was to oversee it.
The problems regarding money and Heather’s belief that there was a lot of it, started with the lawsuit against the cruise line. Prior to that they were just perhaps living an upper middle class life, living in a big house that JM owned before he married Sheila. For some reason HM seemed to think they won around 11 million dollars, or at least that’s what she told TS the estate was worth. I don’t think she quite understood that the lawsuit may have originally been for that amount but it was settled for around $750,000 and she always believed that she was to be the recipient of those funds willed to her by her father (in her mind, millions of dollars) and that her mother had stolen that money from her. I don’t think she understood how marital property works. I think the entire estate, valued at around 1.5 million was set up in trust for her to be managed by WW should Sheila die before HM was 25 or 30, not sure which age was on the trust.
MOO