Who benefits when a beneficiary of an irrevocable trust dies before the trustor?
The terms of the trust should lay out what happens if a beneficiary passes away before the trust creator.
Oklahoma City, OK
Estate planning Lawyer at Oklahoma City, OK
Practice Areas: Estate Planning, Probate, Elder Law
The terms of the trust should lay out what happens if a beneficiary passes away before the trust creator.
Beverly is correct. I would also add that there is a shortened probate process in Oklahoma that might be cheaper, but you have to meet certain...
First, I'm sorry for your loss. Unfortunately there isn't a magical way to figure out what assets your father owned. Opening a probate is a good...