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Understanding a will

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  • Understanding a will

    Can anyone explain the wording on this my late nans will plase,
    upon trust absolutely for such of my daughter x and my son y as shall survive me and in equal shares if more than one provided that if the trusts declared by this sub clause (b) of this my will shall fail entirely and subject thereto (c) upon trust absolutely for my grandson.

    Much appreciated for any help or advice.
    Tags: None

  • #2
    Hi
    Welcome to LB
    The following are my thoughts. I could be wrong
    "held upon trust absolutely" means the executors to hold the beneficiaries inheritance until any income is received, debts and taxes etc paid, before passing on their inheritance without any conditions
    Her son and daughter, if both survive their mother, inherit in equal shares
    If only one child survives her, then he or she inherits their sibling's share
    If neither survive her, then her grandson inherits

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