I don’t believe that a trust can be set up for the benefit of those not yet born. The benificaries have to be alive at the time of the bequest or establishment of the trust.
I am not concrete on that answer either.
But in the case of Garth Brooks, his already born children are going to get it, and if Garth dies before grandchildren are born, the parents can easily add them, and it continues on down the line.
“I don’t believe that a trust can be set up for the benefit of those not yet born.”
Ah, but you can establish a family “foundation,” as the Fords, Rockefellers, and Kennedys have done. It shields the family wealth from the taxes that the “little people” have to pay, and generations yet unborn can go into “public service,” fleecing said “little people,” while living off of great-grandad’s money.