Kimber wanted to protect her jewelry from creditors and wanted to make sure her children received the home when she passed.
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Get it written →Kimber wanted to protect her jewelry from creditors and wanted to make sure her children received the home when she passed. Kimber told her close friend that she put the jewelry in a trust for her children. On several occasions, Kimber’s sister in law asked to borrow her Kimber’s jewelry. Every time she asked Kimber refused and stated she was holding on to the jewelry for her kids, Jen and Georgie. However, Kimber never put this trust in writing.
Several years later, Kimber created a will. In her will Kimber gave her home and bank accounts to her children, with the residue going to her brother Guy.
Who gets the jewelry? What additional information do you need to help make this determination?
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