Beneficiary Has TWO LAST NAMES - How Should It Be Written
Whatever the legal last name is (i.e. the name on the Driver's License), that is what is how it's written in the trust indenture.
Related Articles
Does One Need to Name a Beneficiary
Every trust MUST name a beneficiary, but it does not need to be named in the Trust Corpus documents. In fact, it is explicitly stated that for privacy concerns, the beneficiary will be named in the Trust Minutes of the very first Trust Meeting. The ...
How Should An Officer or Trustee's Name Be Written
Typically it is suggested that a trustee have their name written (First Middle Last), but for an officer of a corporation that is not required as the position, company and statutory privileges are all public.
When To Use [Business Name] & When To Use [Business Name] LLC / Inc. / Etc.
Only when an organization asks for one's legal business name is there a requirement to add the entity-type, such as LLC or Inc. (for corporations).
How To Add Multiple Beneficiaries To A Trust
An example of how to add multiple beneficiaries to the trust indenture is seen below. The top row is how the section looks unedited. The middle row contains ONE BENEFICIARY. The bottom row contains TWO BENEFICIARIES.
Can Two Entities With The Same Name, Trustee, Address Exist Within The IRS Uniquely
Yes. A new EIN is issued despite entities having the same name, trustee/grantor, address, etc. because they are unique entities in the eyes of the IRS.