How do I add instructions to specify if a beneficiary passes before me, the share of a specific asset which he would otherwise be entitled to receive shall still be given to him contributing to his estate?
The configuration provided in this article applies to the share of a specific asset that the "deceased beneficiary" is entitled to receive.
If you want the instructions to apply to everything that the "deceased beneficiary" is entitled to receive [e.g. the share of the estate which he would otherwise be entitled to receive shall still be given to him contributing to his estate], check out this article - How do I add instructions to specify if a beneficiary passes before me, the share of my estate which he would otherwise be entitled to receive shall still be given to him contributing to his estate?
[Important] If you are giving differing instructions (including substitute beneficiaries for specific assets) between specific assets and the estate, please refer to the configuration provided in this article – How do I add a modified instructions to specify if a beneficiary passes before me, the share of my estate which he would otherwise be entitled to receive shall still be given to him contributing to his estate, which excludes Specific Gifts with Additional Instructions that specify a different redistribution?
Under the Allocate Assets tab, select an asset, and allocate the asset (either entire or partial) to your beneficiary(s) according. Under " Additional Instructions" in the asset, key in the condition:
Instructions for a specific asset applying to one beneficiary only
If my {Relationship}, {Name}, {Identification Number/details}, dies before me, the share of this asset which he/she would otherwise be entitled to receive under this Will shall still be given to him/her contributing to his/her estate.
Instructions for a specific asset applying to multiple beneficiaries
If ANY of the following beneficiary(s):
- my {Relationship}, {Name}, {Identification Number/details};
- my {Relationship}, {Name}, {Identification Number/details};
- my {Relationship}, {Name}, {Identification Number/details};
dies before me, the share of this asset which he/she/they would otherwise be entitled to receive under this Will shall still be given to him/her/them contributing to his/her/their respective estate(s).