Living Trust Amendment

4 7 rating 7 customer reviews use this form to make simple changes to your living trust for example adding or removing beneficiaries or naming a new successor trustee.

Living trust amendment.

Whenever a living trust needs to be. Use the living trust amendment document if. You must definitely provide a copy of the change to the trustee who is actively handling the trust. Amending a revocable living trust is surprisingly easy just one of the many benefits of using one as the foundation of your estate plan.

Amendment to living trust. Keep these documents in a safe place. Attach the amendment to the living trust. An amendment is an add on to your existing trust.

Store the living trust and attached amendment in a secure location preferably in a safe deposit box or in a home safe. The form enables you to eliminate provisions from the trust or incorporate brand new provisions. You wish to change one or more provisions of the existing living trust due to events such as a change in marital status the birth of a child a move to another state perhaps from a community property state to a non community property state or vice versa a significant change in financial status a change in the tax laws or the death of a. File and distribute copies if necessary.

In fact trusts are easier to tweak than wills when you re scrambling to keep up with life s events and you have three options for doing so. Everything else about your trust remains the same including the trust s name so there. Take the original and attach it to the back of your living trust. The last step in executing the amendment is to attach the notarized amendment form to the original trust documents.