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Thomas McJD
Thomas McJD, Attorney
Category: Estate Law
Satisfied Customers: 3170
Experience:  Wills, Trusts, Probate & other Estate Matters
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Grandparents left 2 children a living trust. Money from the

Customer Question

Grandparents left 2 children a living trust. Money from the invested trust dividens was put into 2 separate checking accounts. Were these children beneficiaries of this trust?
One child died, the other was given the deceased child's share. How far back can the new beneficiaries claim money left in these accounts. These accounts were open in 1974 and the trust was written 1987. The second child is now deceased and died less than 3 days before a year ended. At that time, new beneficiaries involved. Question: who does this money belong too that was deposited before his death?
Submitted: 2 years ago.
Category: Estate Law
Expert:  RayAnswers replied 2 years ago.
Hi and welcome to JA. I am Ray and will be the expert helping you today. Were the accounts in the name of the trust here?What does trust say about when beneficiaries decease or does it?? Some more information here please, thanks.

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