Legal Question in Wills and Trusts in New Jersey
As an income beneficiary of a Trust, if some of the income earned while the person for whom trust was set up was alive and was not taken by this person, does that income go in the beneficiary's separate estate or back into the estat in which the Trust was made?
Asked on 1/04/10, 3:02 am
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Without having seen the trust document which may have language covering this, my response is that a person entitled to the income and does not take it, but was entitled to it, when he died, what he was entitled to goes to his estate, not to remainder beneficiaries.
Answered on 1/11/10, 3:30 pm
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