Los Angeles Living Trust: Will amending your trust impact the efficient transfer of your assets? Yes.
Single Amendments: In most cases, single amendments to a trust help clarify the trustor's intentions.
Multiple Amendments: There are times where multiple amendment reflect a trustor who is under pressure by others to make a change, or one who simply cannot make up his/her mind. Multiple Amendment within a short period of time, form the largest number of litigated cases in the trust and estate planning areas.
What should you do to clarify your intentions?
1. State the reason why you are making a change.
2. Identify troubled persons in your family and discuss those with your attorney.
3. Implement methods of distribution of assets which are consistent with your trust, or leave very specific instructions why some assets are to be distributed via different methods.
Mina Sirkin is a Living Trust Attorney in Los Angeles, Ca. Ms. Sirkin is Certified as a Specialist Attorney in California Probate, Estate Planning and Trust Law. http://SirkinLaw.com. Tel.: 818-340-4479.
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