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Involuntary Trustee
TW1234
Posts: 221
Forumite
A testator has created a will that appoints their son as executor, and leaves the residuary estate equally between 3 grandchildren ( generation skip), but remains completely silent beyond that.
If one of those predeceases the testator and and leaves an infant child (and wife), their share of the bequest should pass (per stipes) to that great-grandchild. It does not fail and is not added to the share of the other grandchildren.
Being a minor, the bequest must be held in trust; who would become the trustee? Would it be the executor or the infant's mother? If the former, how could the executor extricate themselves from the trusteeship?
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The child's legal guardian, be that a parent or one who is court appointed.TW1234 said:A testator has created a will that appoints their son as executor, and leaves the residuary estate equally between 3 grandchildren ( generation skip), but remains completely silent beyond that.If one of those predeceases the testator and and leaves an infant child (and wife), their share of the bequest should pass (per stipes) to that great-grandchild. It does not fail and is not added to the share of the other grandchildren.Being a minor, the bequest must be held in trust; who would become the trustee? Would it be the executor or the infant's mother? If the former, how could the executor extricate themselves from the trusteeship?1 -
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