Interesting stuff. I checked my trust, and if either of my two children were to have kids and predecease my wife and I, then my trust would give them a share to be divided. However, its tied to blood, the spouse of my child would get nothing. Not a big issue as my kids are 7 & 4, but I guess if they have long and successful marriages I may change that one day.
I don't remember if this came up when the trust was put together. My father did the trust for me (his main line of work these days), and we did discuss a lot of different scenarios. I am fine with the current language.
I don't remember if this came up when the trust was put together. My father did the trust for me (his main line of work these days), and we did discuss a lot of different scenarios. I am fine with the current language.