From saint@admsec.wwu.edu Mon Oct 5 07:53:16 1998 Received: from mxu4.u.washington.edu (mxu4.u.washington.edu [140.142.33.8]) by lists.u.washington.edu (8.8.4+UW97.07/8.8.4+UW98.06) with ESMTP id HAA48684 for ; Mon, 5 Oct 1998 07:53:15 -0700 Received: from blackhole.admcs.wwu.edu (blackhole.admcs.wwu.edu [140.160.248.20]) by mxu4.u.washington.edu (8.8.4+UW97.07/8.8.4+UW98.06) with SMTP id HAA15775 for ; Mon, 5 Oct 1998 07:53:15 -0700 Received: from uis.admsec.wwu.edu (gaea.admsec.wwu.edu [140.160.249.20]) by blackhole.admcs.wwu.edu (8.6.5/8.6.5) with ESMTP id GAA15429 for ; Mon, 5 Oct 1998 06:34:09 -0700 Received: from localhost (saint@localhost) by uis.admsec.wwu.edu (8.8.5/8.6.12) with SMTP id HAA27153 for ; Mon, 5 Oct 1998 07:54:28 -0700 (PDT) Date: Mon, 5 Oct 1998 07:54:27 -0700 (PDT) From: "Joseph M. St.Hilaire" To: Discussion of Residency Issues State Wide Subject: Re: Trust Funds In-Reply-To: Message-ID: MIME-Version: 1.0 Content-Type: TEXT/PLAIN; charset=US-ASCII ***The key here is control, and I'd say he'd have to first prove that he is in control of the trust fund. Dad apparently does not trust Son with all that money. Dad also need to leave Son off the tax return. Joe St.Hilaire Western On Fri, 2 Oct 1998, Burchell, JoAnn wrote: > I am so confused about trust funds. It seems like dependency, if a > student is claimed by a parent, is such a "cut and dried issue yet I > have a student whose aunt and uncle set up a trust fund for him and it > pays all of his living expenses while he is pursuing an education. He > does not have control over the trust fund until he is 25. In the mean > time, his father said due to the federal tax laws, he must claim his son > on their income tax form and pay the taxes on the trust fund but in no > way monetarily supports his son. This father was very knowledgeable > about the laws (I am not) and will try to pursue the issue beyond my > office if I do not show this student as a dependent student. There are > other, or may be other ramifications as well - so I need a thorough > understanding of this situation. > > I guess I don't know why the residency is based on being claimed. This > student's trust fund in for more money than I will ever have in my > lifetime, so to me it seems that he should be independent and then > follow the rest of the regulations accordingly. Plus, a student can > use a trust fund as a means of showing he is independent on the > questionnaire. > > Someone, please shed some light on this issue. > > Thanks. > > Jo Ann Burchell > Senior Secretary > Spokane Community College > Jburchell@scc.spokane.cc.wa.us > 509-533-7019 > .