Trust Beneficiary Shall Forget
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FAQ
To leave property to your living trust, name your trust as beneficiary for that property, using the trustee's name and the name of the trust. For example: John Doe as trustee of the John Doe Living Trust, dated January 1, 20xx.
When you name your beneficiary, be specific. Most beneficiary designations will require you to provide a person's full legal name and their relationship to you (spouse, child, mother, etc.).
Spouse, partner, children, parents, brothers and sisters, business partner, key employee, trust and charitable organization.
Primary Beneficiary: Jane Smith, spouse, 100% Primary Beneficiary: Gayle Rich, spouse, 100% Contingent Beneficiaries: Paul Jones, brother, 50% Contingent Beneficiaries: Teresa Rich, daughter, 40%
Write the names of the main individual(s), entity (such as a charity, business, religious organization, funeral home, etc.), trust, or estate. You may name more than one. All secondary beneficiaries listed will receive EQUAL SHARES (equal amounts) of your benefit if ALL of the primary beneficiaries are deceased.