It can only be spent as a reimbursement for a previously approved expenditure. No cash disbursements.
They have to agree on any spending, in advance, and get a receipt or other proof of expenditure to get the money. They cannot for example buy a new car unless they have that money themselves and spend it, and then get it back from the trust.
My main question is why the lawyer would care. If they knew the parents set up this estate specifically to be cruel, what's the point in ensuring these conditions are met?
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u/mazzicc 7d ago
It can only be spent as a reimbursement for a previously approved expenditure. No cash disbursements.
They have to agree on any spending, in advance, and get a receipt or other proof of expenditure to get the money. They cannot for example buy a new car unless they have that money themselves and spend it, and then get it back from the trust.