Legal Question in Wills and Trusts in New Jersey
How can I make a will where 50% of my house goes to my son and 25% to each of my 2 grand children but only goes to the grandchildren when they reach 25 years old? This would be in NJ
Asked on 2/10/15, 5:45 pm
1 Answer from Attorneys
Steven Tarta
Law Office of Steven W. Tarta
Place the real estate into a irrevocable trust and have it drafted so it terminates 50% at death for your son and the second distribution occurs when the grandchildren attain age 25. At the second distribution to the grandchildren, the trust terminates.
Answered on 2/10/15, 8:32 pm