Legal Question in Wills and Trusts in Texas
One heir is deceased - who gets the money?
My grandfather died 17 years ago and left some money in a trust. The money was to remain in the trust until my grandmother's death and then was to ''share and share alike'' between my aunt and my dad, the only two children of my grandparents. No other wording/stipulations/clauses were included. My dad died two months after my grandfather did. Who is legally supposed to get his part? My aunt (my father's sister), my father's children (my brother and I) or my mom (my father's wife)?
Thank you for your help
1 Answer from Attorneys
Re: One heir is deceased - who gets the money?
without reading the entire language, it's difficult to say. Usually, the money is divided between the named heirs in equal share with the share of any deceased person to be divided among their heirs.