Tuesday, January 17, 2017

In which Primo asks the lawyer if he needs to do anything with Ted'sSon's trust and the lawyer offers Primo a great way to bail


Primo: I emailed the lawyer because I didn't know if I was supposed to be doing anything. He wrote back that for Ted'sSon's trust, we could set it up the way his existing trust is structured.

Me: How's that?

Primo: I would be the primary trustee. Bif [Ted's half brother from his mom] would be my backup trustee. Ted and Ted'sWife would be his backups.

Me: So you could resign?

Primo: I could resign and then Bif could decide what to do. If he doesn't care if Ted and Ted'sWife are trustees, neither do I. I just don't care anymore.

Me: You don't want to be the cop?

Primo: Nope.

Me: Your parents didn't trust Ted to handle the money but they didn't want to make a lawyer be the trustee.

Primo: I know. They stuck me with it.

Me: Nice. This is supposed to foster good relations between you and your half brothers?

Primo: Yes I'm sure that was their intention. And look how well it's working.

Me: It's a lovefest.

Primo: I am going to tell Ted he needs to get Ted'sSon's information to the lawyer and I'm going to tell the lawyer to set it all up and then I am going to resign. I just don't care what happens. I don't want to deal with this anymore.


2 comments:

  1. YAY!!!!! But, poor Ted's son.

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  2. First, good for you, Primo!

    I just don't understand why it matters that Sly and Doris didn't want a lawyer to be the trustee. They turned it over to Primo, now it's totally up to him how to handle it, and it sounds to me like a lawyer would be the most objective and fair person (since Primo will be resigning).

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Primo reads this blog, so please keep that in mind in your comments.