Legal Question in Wills and Trusts in Florida
trust validity
My aunt created a revocable living trust in 1996 property transferred to trust.
She created a new trust in Aug 04 did not have the opportunity to fund,
Amended 1996 trust in October 04.
Does the Aug 04 trust even if it is unfunded invalidate the 1996 trust and it's admendments?
Asked on 6/16/06, 6:06 pm
1 Answer from Attorneys
Thomas Shigo
The Shigo Law Firm, P.A.
Re: trust validity
NO. The trusts are separate. The October 04 amendent to the earlier trust even reinforces thepropositin that the later trust did not revoke the eralier trust. As you can see an unfunded trust doesn't do anything unless a will directs estate assets to the trust.
Answered on 6/19/06, 11:15 am