Legal Question in Wills and Trusts in California
Revocable Living Trust
Can I legally add or make changes to my Revocable Living Trust, by having the addition or change then notorized or do I need to pay an attorney?
3 Answers from Attorneys
Re: Revocable Living Trust
You really should get an attorney depending on what change you are making. Making changes to the schedule of assets is generally ok. Adding beneficiaries, specific gifts, changing trustees, all of these things require an amendment or a restatement and should be done by an attorney.
Re: Revocable Living Trust
You're going to hate this answer...but, it depends. It is dependant on the terms of the original trust. You state it is revocable, therefore, you can always revoke it and create a new one, if necessary. Generally, revocable trusts are Amendable by the original Settlors of the trust, without further details, I can not comment any further on your situation.
Please feel free to contact our office for a free consultation. We can take a look at the terms of the trust and let you know if you can do it yourself (if it's something basic, it is better for you to do it then spends the money for us to do it...that and the time factor might make it a cost-benefit for you as well, but this can not be answered without first seeing the terms of the trust).
If you would like to talk to someone here, please call the number provided by LawGuru or visit our website at No-Probate.com. Anthony or Charles are our Trust experts, extensions 1 and 3.
Scott
Re: Revocable Living Trust
additions or changes done without the assistance of a qualified attorney are not likely to fully and correctly accomplish what you intended and may create unexpected problems for your estate.