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Amendment Trust Form

Amendment Trust Form

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Instructions and help about Amendment Trust Form

Hi. Lee Phillips. I want to talk about amending a trust for just a minute. There are lots of reasons you would amend a trust. You want to change your beneficiaries the guys who get the property, ultimately. You want to change the trustees. I mean there are a dozen reasons that you might want to amend your trust and one of the neat things about trusts is they are usually amendable. They are revocable. In your trust, oh, we could have an irrevocable trust. Can't amend that one. But the trust you're going to have for your estate planning to avoid probate that's called the living revocable trust there will be language in the trust that will be in paragraph ten, that says mom and dad can amend, revoke, whatever we want to do to this trust. trust that language and so when you want That language. So when you want to amend it, it's relatively easy. We get a formal amendment usually the liar I mean the lawyer does that for you and what he's going to do or

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