Legal Question in Wills and Trusts in Kentucky
Trust
I am the executrix of my mother's Will. I am filing a Petition For Appointment Of Trustee Under Will. The form asks for the names of remainderman, what is a remainderman, and do I have to wait until the will is probated to file? Thank you
Asked on 6/13/09, 4:19 pm
1 Answer from Attorneys
Gregory Napier
Troutman & Napier, PLLC
Re: Trust
A remainderman is a person entitled to receive what is left over after specific gifts are dispersed. The remaindermen get "all the rest, residue and remainder" of the estate.
Answered on 6/15/09, 9:56 am