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Financial Planning / Revocable Trusts

URL:  http://boards.fool.com/lets-say-the-primary-and-secondary-beneficiaries-22803969.aspx

Subject:  Re: RLT as 2nd Benificiary for Funds Date:  7/27/2005  7:33 AM
Author:  2gifts Number:  78 of 87

Let's say the primary and secondary beneficiaries on the mutual funds are identical to what's in the trust. By naming the trust as a secondary beneificary the lawyer would act as a middle man and take a hefty cut, don't you think ?


What lawyer? Do you mean the probate lawyer would get a cut? Wouldn't he get a cut anyhow no matter who the beneficiary is?

I'm confused.
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