Full question:
I have a trust that was drafted in Calif. I now live in Wa. Do I need to do a new trust or can I just amend the one I have?The only changes are an investment change, my bank and my house.
- Category: Trusts
- Date:
- State: Washington
Answer:
Typically, a new trust doesn't not need to be created solely due to relocation to another state. In order to make changes to a revocable living trust, a person may sign a Trust Amendment or sign a complete Trust Restatement. A trust amendment changes specific provisions of a revocable living trust but leaves all of the other provisions unchanged, while an amendment and restatement of Trust completely replaces and supercedes all of the provisions of the original revocable living trust. We are prohibited from giving legal advice, as this service provides information of a general legal nature. I suggest consulting a local attorney who can review all the facts and documents involved.
For further discussion, please see:
http://wills.about.com/od/overviewoftrusts/a/trustamendment.htm
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
