Legal Question in Wills and Trusts in Florida
My parents created a Revocable Living Trust in 2006 and themselves the initial trustors and Trustee and my sister and I (2 out of 4 siblings) successor trustees. My father has died, so nothing changes in the trust (right?). However, when my mom dies, does the trust still remain because there are successor trustees or is the trust divided equally among the siblings, each of who is a designated beneficiary.
Asked on 8/28/09, 1:04 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
The answer should be in the trust agreement itself.
Answered on 8/28/09, 2:38 pm