If a living trust does not designate a beneficiary, what happens after the person dies, does the co-trustee inherit?

Asked over 1 year ago - Albany, NY

Father died in Nevada, a new last minute will leaves entire estate to the co-trustees of a recently established living trust (co-trustees were the father and a son). No beneficiaries are documented in the trust. There are other children, he left household belongings to be divided. What happens now?
Is it possible to surviving co-trustee is hiding the beneficiaries page because he is the sole beneficiary?

Attorney answers (3)

  1. Joseph Michael Pankowski Jr

    Contributor Level 18

    2

    Lawyers agree

    Answered . Attorneys Frederick and Pippen are correct. Your best bet is to hire an experienced estate attorney to unwind this Gordian Knot. Good luck to you.

    This information is presented as a public service. It should not be construed to be formal legal advice nor... more
  2. James P. Frederick

    Contributor Level 20

    2

    Lawyers agree

    Answered . This sounds like an unholy mess. You have documents which may or may not be valid amendments, depending on facts which are not covered in your summary. You have what you claim is a trust with no beneficiaries. (Unless this was a home-made document, I would be shocked if you are correct about that). You have possible issues of undue influence and you have a number of potential trust contestants, who were apparently left out.

    Your chances of figuring this out online are zero. You need top-notch legal assistance, and you need it right away. There are going to be figurative villagers with pitch-forks surrounding your villa before you know it. You need to know how to respond, before this situation starts getting ugly.

    If you do not know of a good lawyer, then you should click the "find a lawyer" link below, type in probate litigation and the location where the trust would be administered. It is not clear from your summary whether that would be New York or Nevada. My money would be on Nevada, but the trust document should clarify that issue.

    I am very sorry for your loss and the circumstances you now find yourself in.

    James Frederick

    ***Please be sure to mark if you find the answer "helpful" or a "best" answer. Thank you! I hope this helps. ******... more
  3. Joseph Franklin Pippen Jr.

    Pro

    Contributor Level 20

    2

    Lawyers agree

    Answered . If your facts are accurate and the trust does not name beneficiaries-the beneficiaries would be determined by state statutes.
    Also-Anything is possible and your best choice would be to have an attorney advise you on this complicated case.

    The answer given does not imply that an attorney-client relationship has been established and your best course of... more

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