Restated Revocable Trusts

What is a revocable trust?

A revocable trust is one that can be terminated by the grantor (the person from whom a trust is set up) at any time during his or her lifetime. As the trust may be altered in this way, it is subject to taxation. After the death of the grantor, the trust becomes an irrevocable trust and is passed on to beneficiaries. In order to alter a revocable trust, the grantor must carry out an amendment or amendment and restatement. An amendment and restatement will be required when the change to the revocable trust is significant. Adding a new beneficiary, eliminating a beneficiary and changing distributions to beneficiaries or to charities are all examples of when an amendment and restatement may be necessary.

Los Angeles Trust Lawyer

A situation may have arisen that requires the restatement of a revocable trust. You may wish to discuss your options in this regard but are not certain whether to move forward with an amendment and restatement. Regardless of the circumstances of your case, we can help. If you need assistance with the restatement of a revocable trust, do not wait to contact a Los Angeles trust amendment lawyer at the Law Offices of David A. Shapiro.

Our Los Angeles trust lawyers are committed to offering our clients the personalized attention and knowledgeable counsel they need in all matters related to estate planning, trusts and wills. We represent clients throughout the greater Los Angeles area and offer a confidential case evaluation to discuss your case. Restating a revocable trust may be complex and is a legal matter that is best addressed with experienced counsel. If you would like to learn more about the services we provide in this regard, please feel free to contact our offices at 800-860-7937.

Contact a Los Angeles Revocable trust attorney at our law firm for a confidential case review and consultation.