Vague wills and trusts , why bother ?

quote:
Originally posted by Georgeair:

Also remember to use for every single thing you buy that has title or designation of ownership going forward or you undo all the work and expense you've just taken on.

One possible exception is a motor vehicle. My atty recommends not titling to the trust in this state. In the event of an accident, it could suggest that the owner is very wealthy and thus invite a big lawsuit. The atty writing the Trust should advise if there are things which should be left out of the trust.

Posts: 10141 | Location: On the mountain off the grid | Registered: February 25, 2002

jimmy123x

Member

posted August 19, 2024 04:48 PM

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quote:
Originally posted by bendable:
Two of my siblings are interpreting moms trust one way that benefits their kids and grandkids .

The kids ( moms grandkids )
And their kids (moms great grand children )

Are not mentioned in any way in the trust.

It's gone from splitting what is left , between two people to dividing it nine ways .

Get an attorney. If it's only split 2 ways, then it should be split 2 ways and then each of those 2 people can do whatever the heck they want with it once they recieve it.

Posts: 21463 | Registered: June 12, 2005

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