<p>(Not knowing the timeframe we are talking about and never having seen the trust…)</p>
<p>But thumper, my point was that if it was revocable, (assuming facts we don’t have) living grandpa grantor might could revoke it and get the $ out of the trust (or eliminate the student as a beneficiary). (Hence, the “go to a lawyer” advice.)</p>
<p>They can’t count something that doesn’t exist.</p>