Legal Question in Wills and Trusts in Massachusetts
trust amendment
i have paperwork that says i'm not obligated to pay back a loan
there is an amendment that says all loans must be paid back .
which document takes presedence ?
does the date of the amendment make a difference
2 Answers from Attorneys
Re: trust amendment
I'm not clear what you mean by "paperwork" -- are you talking about the Declaration of the Trust or some other document? Also, are you the trustee or the beneficiary? What is the loan for?
If you could clarify your question, I would be pleased to speak with you further.
trust amendment and a loan?
If this is a single document that has a modification, and the modification is legally valid, then you must abide by the modification.
If you have more specific information, I can provide a more specific answer; so please contact me.