Q: Colorado. Will my great grndmthr’s college ed trust fund 4 my 2 college kids b financially considrd n my favor n divorce
Colorado. My husband and I are in our only marriage, of 26 years, and thinking of divorce .
My grandmother left a trust fund to pay for all her blood great grand children’s college education.
Therefore, our two children, who are currently in college, do not have to pay, or take out student loans for college.
Neither do my husband or I have to pay for our children’s college education.
Each great grandchild gets $104,000 for their college.
Will these monies be taken into financial consideration in a divorce settlement, so that I am able to get more of the marital property and monies?
A: If the trust is set up for grandchildren as beneficiaries a court would not wonder this to be marital property and it should have no bearing on the division of marital property or funds in the divorce.
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