Posted by Bill Gatten on May 30, 1999 at 13:10:40:
Actually, you’d want someone as co-beneficiary who wouldn’t likely be sued along with you. If I was going to sue you ('though you’d have to have called me “Fat-Fat” or “Dumbo Ears” or something worse, to rile me to that extent), I’d name your wife too. The idea is to have an unrelated party as co-beneficiary; but if that’s not feasible, at least make sure it’s someone who would “appear” to be unrelated, if a would-be plaintiff ever got the low-down on the trust and who its beneficiaries were.
Hope this helps.