Trust: To Amend or To Restate?!?



I’ve had several clients recently email or bring to my office the trust of a loved one who passed on. Unfortunately, the trusts had each been amended about 4 or 5 times. This causes at least 2 problems. One, it’s makes it confusing because you have to compare each amendment with each prior amendment and piece it all together like a puzzle. Second, it costs money because it requires more analysis by the attorney, which means a higher bill for said client. The better way in many instances is to create a Restated Trust. This is easily accomplished and should save lots of confusion and money down the road.

Happy Trusting, Mike


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