What instructions pertaining to the trust’s beneficiaries should be included?
Detailed instructions can be included in your trust that will enable you to leave what you want, to whom you want, when you want, and in the way you want just as if you were still alive and personally giving those instructions. You can be as creative as you desire and specify the conditions and timing of distributions to your loved ones. For example, if your children are minors, you can leave detailed instructions that inform the Trustee how to use trust assets to raise your children and the preferred type of schooling to provide for them.
Alternately, your living trust can be drafted to benefit any number of people in exactly the way you want. Possibilities include friends, grandchildren, or even charities. Such planning can be designed to benefit them immediately or even over a period of several generations.