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Your Hosts: William Bronchick, J.D. & John Merchant, J.D.
John Merchant is retired lawyer and long-time real estate investor. He's owned commercial real estate of every type in a number of states. He's a frequent speaker at real estate investment gatherings and contributes real estate investing articles to various real estate newsletters and publications. |
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#1
04-06-2003, 06:01 PM
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naming a trust beneficiary - Posted by James Buster
Posted by James Buster on April 06, 2003 at 18:01:25:
When the beneficiary of a trust is another trust, is it necessary to name the Trustee, like so: John Doe, Trustee for the Foobar Trust, dated MM/DD/YYYY or can one omit the name: Trustee for the Foobar Trust, dated MM/DD/YYYY? Also, how important is the date? My question is what happens when a trust, especially an irrevocable one, names as beneficiary a trustee by name (who may have since died or disappeared), of a revocable trust (that may have since been revoked and replaced by a successor trust of different date). |
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William Bronchick is a nationally-known attorney, author, and speaker. He has been practicing law and investing in real estate since 1990 and has been involved in over 2,000 real estate transactions.
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