[flatbutt]

Wow am I ever pissed! I opened a trust fund for the grandkids some years ago. We haven't touched in two years as there were no tax implications. My son went to the bank to update some info and they said the money was gone as it was an abandoned account.

Long story short we recovered the funds almost immediately but I'm worried about tax implications. I know if I deposit it I'll probably incur income tax on it.

I'd like to get it back into a trust for the kids but am struggling to determine any tax implications. We disn't withdraw the money this was a funds recovery if that makes any difference.

Any info from youse guys?