- Jurisdiction
- Florida
My parents each had a will until a few years ago, when, according to my mother, they changed it so that in their wills, after they are both gone, everything goes into a trust, then me as the executor divides everything up between myself and my siblings. Also, there are now two grandchildren in the picture that weren't around when the wills were made. The previous wills just stated that everything was evenly divided between myself and my siblings. Now, the grandchildren each get a set amount, then the rest divided as before.
I'm trying to understand what the trust would do in this case, and why it would be better than what they had before. I've asked my mother, but she just says it's better, without any explanation. There's not current rifts in the family, though I know anything can happen. But nothing up to this point, and neither of my parents siblings are still alive, nor anyone else that should be able to lay any kind of claim to anything.
In the end, whatever it is, it is, but I'm trying to understand it.
I'm trying to understand what the trust would do in this case, and why it would be better than what they had before. I've asked my mother, but she just says it's better, without any explanation. There's not current rifts in the family, though I know anything can happen. But nothing up to this point, and neither of my parents siblings are still alive, nor anyone else that should be able to lay any kind of claim to anything.
In the end, whatever it is, it is, but I'm trying to understand it.