Legal Question in Family Law in Texas
My 16 year old son received a trust fund from a friend that passed away. He is to receive the money at age 18. The money was a life insurance policy of the deceased friend. The trust is held by Mutual of Omaha. What happens to the funds if my son dies before age 18? We live in Texas.
Sincerely,
Philip
Asked on 8/24/09, 11:24 am
1 Answer from Attorneys
Patricia F. Bushman
BUSHMAN LAW OFFICES
What a morbid question. Most likely it will go to his heirs but without reviewing all the pertinent documents there is no way to be sure.
Answered on 8/24/09, 1:02 pm