On today’s call, Denise explains why she withdrew money from the Puka Private Annuity Trust.
Denise’s explanation can be found in the email Denise sent to Marjorie.
If the Annuity Trust is dissolve and Marjorie is still alive, who gets the assets in it?
answer:
the beneficiaries — Denise, Janette, and Charmelle.
Why wouldn’t Marjorie get any of the assets is this trust is dissolved?
answer:
In this particular trust agreement, it appears that the Granters (THOMAS V. PUKA and MARJORIE A. PUKA) have chosen to distribute the assets among their children as specified. Marjorie A. Puka may not be designated as a primary beneficiary for asset distribution in this specific trust arrangement.
I know the name of the attorney that drafted this trust
I am going to email him with questions
I feel as if I was blindsided and wronged
