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Except as Otherwise Provided Herein, Upon the Death of the Trustor,  Form

Except as Otherwise Provided Herein, Upon the Death of the Trustor, Form

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what happens to an irrevocable trust when the grantor dies a trust is really nothing more than a contract a legal agreement where one party the trustee agrees to hold legal title to assets and manage them for the benefit of somebody else the beneficiaries some trusts are revocable which means that the trust maker sometimes also called a grantor or creator or set lord can modify or revoke the trust that any time for any reason or no reason at all other trusts are irrevocable meaning the grantor may not change or terminate the trust the grantor usually serves as the initial trustee of any trust and when the grantor dies a successor trustee replaces the grantor as trustee to carry out the terms of that trust if you have questions schedule free consultation on our website at armorlawyers.com how do you dissolve an irrevocable trust after death while in general irrevocable trusts cannot be changed they can be modified or dissolved after the grantor dies in certain situations for example und

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