Have you asked these questions of the Trustee? If you are a "current beneficiary" you are entitled to a copy of the Trust Agree ent. Have you requested a copy? If you have not received any distribution from the Trust during the last 18 years, then you might not be a current beneficiary.
There is no way we can tell you the value of your share. An estimate is just over a million dollars, but that amount could be less if the Trust required distributions to others.
You must consult with an experienced trusts attorney to determine how best to get answers to your questions from the right source.
Mr Watling offers sound advice. Also, have you gotten K-1 beneficiary statements each year? If not you may not be a current income beneficiary. If there was current income, it may have been simply accumulated in the trust. The receipt of the monies from the trust would not be taxable except for any income distribution to you in the year of distribution. But you really, really need to get with an estate/trust/tax attorney immediately.
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It is a bit odd that he has never told you anything about your trust. As a matter of law, you are entitled to an accounting. If your grandfather is still living and has not wanted to share the information with you, it might not be politic of you to ask him, but I suppose you could say "Grandpa, I'm a bit nervous about the trust ... am I going to owe taxes that I need to prepare for?" You will not have any tax liability, but no one can really answer your question unless we have a copy of the trust and know what assets are in it. If you can get a copy of the trust, we would be glad to review it for you and let you know how it works.
Mr. Huddleston is an Ohio-Certified Specialist in Estate Planning, Trust & Probate Law, with offices in Columbus and Dayton, serving client families and private business owners throughout Ohio. He may be contacted directly by phone toll-free at 888.488.7878 or by email CLH@HUDDLAW.COM. Mr. Huddleston responds to Avvo questions as a public service to help educate and provide general guidance to questioners, but his responses are not legal advice and do not create an attorney-client relationship.