Modifying a Revocable Trust
There may come a time when you believe you need to modify the terms of your revocable trust. The good news is that, as it’s revocable, you’re free to modify it as you wish. That being said, there are certain legal steps that you need to take to modify an existing trust, so it’s important that you consult with an attorney to ensure that your modifications actually take effect.
Modifying an Irrevocable Trust
While it may seem counterintuitive, you can modify an irrevocable trust in California under certain circumstances. In fact, recent changes to the law have made it much easier to terminate or amend a trust by allowing changes to a trust provided that the settlor and all beneficiaries agree to the modifications. What’s more, these modifications can be made without ever even going to court. Because modifying a trust can be complicated, however, it’s critical to retain an attorney to help with the process.
Trust litigation can arise in a variety of contexts, including the following:
- Beneficiary disputes
- Trustee removal
- Breach of fiduciary duties
- Challenges to the validity of the trust
- Competing interpretations of the terms of the trust
Anyone that is a party to a dispute regarding a trust should retain legal counsel to protect their interests.
Call Us Today to Schedule a Consultation with a Pleasanton Trust Modification Attorney
If you would like to modify an existing trust or are involved in a legal dispute related to a trust, you should speak to an attorney as soon as you can. We maintain an office in Pleasanton, California and serve clients throughout the Tri-Valley area. To schedule a consultation with one of our lawyers, call our office today at 925.460.3700 or contact us online.