u/Calm_Ad_6968

Living Trust Wording Interpretation

Hi. My mom's living trust says that my mom's trust shall be divided (I have a brother) "so as to create one share for each living child", which would suggest that each of us gets 50%. However, the trust also indicates that upon her death, that my brother can choose to receive this house as part of his share. Does this mean that his share would be reduced by the fair market value of the house, or that everything except the house would be divided 50/50 and the house would just be extra for him? We're in Illinois. Thanks for any insight.

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u/Calm_Ad_6968 — 3 days ago