Legal Question in Wills and Trusts in California
Beneficiaries
If a person states in a will or trust that assests of the estate are to be divided equally among all living children, but only one child is the designated beneficiary on assets, do the assets have to be divided equally, or do the assets just go to the person designated as beneficiary?
2 Answers from Attorneys
Re: Beneficiaries
Which is it, will or trust? And who are the trustees? etc. etc. I considered rejecting the question for lack of facts. You can send me an email clarifying....
Re: Beneficiaries
Your question does not make sense. What makes you believe that one child is a designated beneficiary if the will and/or trust states that the estate assets are to be divided equally among the children.
If the document could assign a specific asset to one child, and then divides the remainder.
Your inquiry needs much clarification.