http://dealbook.nytimes.com/2011/12...ge-jackpot/?smid=tw-nytimesdealbook&seid=auto A lottery drama may be coming to a close. After three Connecticut asset managers stepped forward last week to claim a $254.2 million Powerball jackpot on behalf of the Putnam Avenue Family Trust, speculation swirled that they were handling the money on behalf of a client who wished to remain anonymous. Now, the beneficiary of the trust has been revealed as a second entity, called the Western Putnam Avenue Trust, that was also formed in connection with the lottery winnings. The three men have stated in an affidavit that they are the only beneficiaries of that trust, which will receive all the assets held by the first trust when it expires on Nov. 22, 2012, according to a copy of the Putnam Avenue Family Trust agreement reviewed by The New York Times.
Not a trust expert, but can't you add beneficiaries down the road? Let's say 6 months from now when everyone forgot about them???