The Everything® Wills & Estate Planning Book by Deborah S. Layton

Author:Deborah S. Layton [Layton, Deborah S.]
Language: eng
Format: epub
ISBN: 978-1-59869-831-2
Publisher: Adams Media
Published: 2009-07-15T00:00:00+00:00

Specific and General Instructions Combined

There are instructions you can give your successor trustee that are a blend of specific instructions and general instructions. The most common example of a blended instruction is to direct your successor trustee to make any distributions to a beneficiary that he believes the beneficiary needs for a particular purpose. The purpose you define can be narrow or broad. A broad, blended instruction would be to instruct your successor trustee to distribute such amount of money or property for health, education, maintenance, or welfare. Although this instruction is broad and gives your successor trustee a great deal of discretion, he cannot make distributions that are not necessary for health, education, maintenance, or welfare. If your beneficiary wants to buy a $100,000 car, your trustee can refuse the request for funds because the car does not fall under one of the specified categories.

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