View Single Post
scottmandue scottmandue is offline
least common denominator
 
scottmandue's Avatar
 
Join Date: Aug 2001
Location: San Pedro,CA
Posts: 22,506
Q for the legal experts about living trust.

My parents left us a living trust, my older brother and I are the only survivors and the trust is set up for us to split everything 50/50 and we are all agreed on that.

In the event of my brother passing his share goes to his wife, in the event of her passing it goes to their children.

My wife was not around when the trust was written so if I die everything goes back to the trust (wife is not too happy about that but what has been done is done).

I'm burning the trust paperwork to a DVD, notice it says "in the event of Scott passing the trust goes to his issue."

I presume "issue" means my children? (I have no children)
However my wife has a daughter, but I presume that seeing as her dad is alive she would not be considered "my issue"?

I may consider adopting one of you if I get joint ownership of your Porsche
__________________
Gary Fisher 29er
2019 Kia Stinger 2.0t gone
1995 Miata Sold
1984 944 Sold
I am not lost for I know where I am, however where I am is lost. - Winnie the poo.
Old 12-06-2017, 01:21 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #1 (permalink)