Attorney Thomas B. Burton discusses how you can amend or change a Revocable Living Trust and also explains the point at which the Trust can no longer be changed and becomes irrevocable.
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Transcript of Video: When Does a Revocable Living Trust Become Irrevocable?
Today's question when does a revocable
living trust become irrevocable in other
words many people are aware that a
revocable living trust is revocable or
amendable during the lifetime of the
grantor but they wonder at what point
can we not change the trust anymore well
the answer is the change is amendable or
revocable until the death of the grantor
the grantor is the person who creates
the trust sometimes also called the settlor
in general most revocable living
trusts and the ones I draft remain
amendable or revocable until the death
of the grantor upon death then the terms
of the trust become irrevocable meaning
they cannot be changed because the
grantor is no longer around to change
them at this point the trustee must deal
with the provisions of the trust as
written and follow those instructions
for this reason if you have changes you
want made to your revocable living trust
I suggest doing them while you're alive
healthy and of sound mind. Great question
and thanks for asking.
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Transcript and captions provided for ease of access for the hearing impaired.