A: A trust restatement is essentially an amendment of your entire trust that replaces all of the provisions of your original trust with new provisions to meet your current goals. It is a great option if you have an older trust that needs to be updated, if you have already amended your trust and need further amendments, or if you want to make several changes to your trust. If you have more questions about restating your trust, one of our attorneys can help you determine whether a trust restatement is the best way to accomplish your estate planning goals.
Q: What is a trust restatement?
by Rose Law Firm of Napa Valley, Inc. | May 11, 2022 | Estate Planning, Q&A |
Categories
- Annual and Lifetime Gift Tax Exclusions (7)
- Business (9)
- Conservatorships (2)
- Español (3)
- Estate Planning (174)
- Joint Tenancy (3)
- Q&A (188)
- Succession Plan (4)
- Title and Deeds (24)
- Trust And Estate Administration (63)
Recent Posts
- Q: My partner and I are not married and do not plan to marry. Can we still benefit from an estate plan?
- Q: My partner and I are not married and do not plan to marry. Can we still benefit from an estate plan?
- Q: I own a business and a home. Should I still have a living trust even if I am unmarried and don’t have any children?
- Q: Is it true that my mother’s estate, which was rather modest, will not require a full probate because of its relatively small value?
- Q: My uncle died and his estate needs to go through probate. He did not have a Will. Who will receive the assets of his estate at the end of the probate?
Connect with us
Pay Online Here
