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Source Will Interpretation Complete Trusts and Estates for MPT List Matched to this deck.

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0 tracked cards Supplemental - Not MEE July 2026

Settlor transferred an investment account to Settlor's revocable trust. The trust provides that the account passes to Daughter at Settlor's death. Settlor's later will leaves "all my investment accounts" to Son. Settlor did not revoke or amend the trust.
Who takes the investment account?

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The trust-owned asset passes under the will because the trust was revocable. The trust-owned asset passes under the revocable trust rather than under the settlor's will. The trust-owned asset passes under the will unless the settlor re-signed the trust every year. The trust-owned asset belongs to the trustee personally.

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