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Tag Archives: restatement

time to change

Updating Living Trusts: Amendment vs. Restatement

By Jeffrey R. Gottlieb |

One of the features of a revocable living trust is that it is easy to amend.  When a trust is created, the person(s) who creates the trust (the “grantor”) will typically reserve full rights to amend or restate the terms at any time in a writing delivered to the trustee. This power to amend… Read More »