1. Under trust law, the owner of the two properties are the trustees of the trust. As beneficiary of the trust, you never own any of the assets of the trust. Instead, the assets, including the two properties are owned and held by the trustees with you, as beneficiary, only ever receiving the income from the trust.
2. Upon your death, your siblings become entitled to the income from the assets of the trust. However, it depends on the terms of the trust, what becomes of the assets of the trust.
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