What Situations May Require You to Reform Your Trust
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If you currently have a trust, circumstances may arise that require reformation or amendments to the terms of the trust. Depending on the type of trust and the express provisions with the trust itself, this may require compliance with certain procedures and possible notice to those affected. To endure that no issues arise with your trust, you should consult with the Brea CA estate plan lawyers at Fridley Law Firm.
Why might you need to reform your trust?
Several circumstances may justify or require revisions to a trust. This may include:
In some situations, it may not be apparent that revisions are needed, even when they would be advisable. An attorney can help you address whether a trust needs to be revised.
What can an attorney do to help?
Our Brea CA estate plan lawyers can review your trust and current circumstances and provide advice about whether revisions are recommended. We can discuss with your different options and how they will best accomplish your goals. If revisions are recommended, then we will help you ensure that the revisions are made in compliance with the law and the trust terms.
We can help you revise a trust in such a way as to maximize the benefit of the trust and to ensure that issues do not arise with trust administration in the future. This will give you greater peace of mind knowing that your trust is providing the benefit that you intend.
For assistance with your trust questions and needs, contact the Fridley Law Firm. We will work with you to find the best solution available for your situation.