Thursday, 22 January 2015

I am a beneficary of a trust along with my two sisters. My Father is still living and controls the trust. I have no problem with that. But m...

Question

I am a beneficary of a trust along with my two sisters. My Father is still living and controls the trust. I have no problem with that. But my health is failing. If I die, can my 2 children still be included in distribution of funds (at my fathers death)



Answer

That would depend on the provisions of your father's trust. It must name them specifically as a beneficiary or it must state that your share goes to your children if you predecease him.



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