Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Would this transaction be included in Belinda's estate? Trust created under the will of Belinda's mother (who died in 2000). Belinda herself is also now
Would this transaction be included in Belinda's estate?
Trust created under the will of Belinda's mother (who died in 2000). Belinda herself is also now deceased and Belinda was entitled to all the trust income for life, and she was given the right to assign the trust remainder to whomever she desired via her will. She willed it to her sons in equal amounts.
Since she was able to name by will whoever she wanted to, isn't this trust included in Belinda's estate? Please confirm why/ why not.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started