Changing Course: 5 Concepts in Amending a Trust

Amending a trust should be an easy process, right?

In most cases and circumstances, it is easy but also easy for people to make mistakes. In even a few recent cases, these concepts are even eluding attorneys. A revocable living trust is an estate plan that is completely amendable and revocable by the person setting up the trust, and they are typically also the trustee and first level beneficiary. Basically, they can do anything they want with their trust, including making changes as their goals and situations in life change.

However, there are five big concepts that a lot of people are just missing.

Check out the YouTube video version here.