Legal Question in Wills and Trusts in Missouri

Re: Trust Beneficiary Designations

There are many variables tht make the decision as to how to rank benficaries. Too many to give you a efinitive answer. However, if the life insurance and whatever other investment/savings plans are already in teh name of the trust, than you may run into tax problems with naming the trust as beneficary. You may even lose teh tax advantages of having teh trust in teh firts place. If you are merely asking about whether teh individuals you opt for would get the money, than I think either way you described will do that. It's amatter of how much of teh money they could get. But, again, it would require much more information to advise any further. You need to ask your question of a tax attorney or CPA, as you are primarily asking a tax question.

Good Luck,

Tony Smith