Generally speaking, and based on experience...
The more specifics a Will/Trust states, the more room for contention.
It's better to say ALL rather than to put conditions on the term, which opens-up room for fights. (I don't think RW anticipated any of this, btw, and tried his best to allocate as he saw fit.)
And when it comes to personal property/jewelry, do NOT leave it to the Trustee's discretion if s/he/it perceives a disagreement between the benes. This too can create enormous problems, and can depend too greatly on the trustworthiness of the Trustee.
Simple and clear is better, the same stuff of which big business deals are made. I once knew a man who negotiated the sale of a state bank to a large one in the UK, and his deal could be written (and was) in 3 points on the back of a business card.
~jmo~
The more specifics a Will/Trust states, the more room for contention.
It's better to say ALL rather than to put conditions on the term, which opens-up room for fights. (I don't think RW anticipated any of this, btw, and tried his best to allocate as he saw fit.)
And when it comes to personal property/jewelry, do NOT leave it to the Trustee's discretion if s/he/it perceives a disagreement between the benes. This too can create enormous problems, and can depend too greatly on the trustworthiness of the Trustee.
Simple and clear is better, the same stuff of which big business deals are made. I once knew a man who negotiated the sale of a state bank to a large one in the UK, and his deal could be written (and was) in 3 points on the back of a business card.
~jmo~
