Planning Ahead

questions & answers

Question: My mom and stepdad have a trust that was set up by their insurance broker. I am the trustee and the trust states that all assets are to be sold and split equally between the 6 children. This is a blended family. Do they need a will in addition to the trust?

Answer: Most all trusts would need to have a will. You may want to contact an attorney that deals with wills and trust for advice.

QUESTIONS

  • My mom and stepdad have a trust that was set up by their insurance broker. I am the trustee and the trust states that all assets are to be sold and split equally between the 6 children. This is a blended family. Do they need a will in addition to the trust?

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