Looking for opinion? My DWs Mother passed away and left a TRUST to her living 5 children. 1 of the 5 children passed away before her death. When the trust was distributed the grandchildren of the deceased sister received nothing? Only the living children so it was divided 4 ways vs 5. I was curious about why or if this seemed fair. Since its not mine to spend I was not too concerened but it raised a question about our own estate.
In our retirement plan the beneficiaries are our = 3 children but also the "chldren of any direct deceased child"
I guess now I am curious if there are some rational thoughts on if we should have made it to only the living children same as her Mother? I had always just assumed 3 equal shares: My scenario is 3 children 2 are married : One (age 40) had 2 children (age 13-14) and later divorced then remarried. One (age 36) is married with no children. One age (38) is not married . Am I over thinking this?
In our retirement plan the beneficiaries are our = 3 children but also the "chldren of any direct deceased child"
I guess now I am curious if there are some rational thoughts on if we should have made it to only the living children same as her Mother? I had always just assumed 3 equal shares: My scenario is 3 children 2 are married : One (age 40) had 2 children (age 13-14) and later divorced then remarried. One (age 36) is married with no children. One age (38) is not married . Am I over thinking this?