Legal Question in Wills and Trusts in Michigan
Are 401Ks excluded from trusts?
When my dad died, his assests went into trust to provide for my stepmom. Only the house and cars. Is a 401-k excluded from a trust?
Asked on 7/14/06, 8:18 am
1 Answer from Attorneys
Rochelle Guznack
Law Offices of Rochelle E. Guznack, PLLC
Re: Are 401Ks excluded from trusts?
Yes, unless the trust is the beneficiary. Otherwise, it goes to the named beneficiary.
Answered on 7/15/06, 9:57 am