Modification & Amendments of Trust Through Courts
At Jorgensen, Brownell & Pepin, P.C., our Longmont probate lawyers
assist clients with modifications and amendments to trusts. Backed by
25 years of experience, our reputable law firm has the well-versed knowledge
and resources to provide time-sensitive legal assistance. If you wish
to amend or modify a
trust, you have come to the right place. We will listen carefully to your concerns
and handle all the paperwork and details on your behalf.
Call (720) 809-8310 to arrange for an initial consultation.
What Types of Trusts Can Be Modified?
There are several different types of trusts that can be modified or amended
through the courts including:
- A special needs trust
- Asset protection trust
- Charitable trust
- Irrevocable trust
If the trust documentation limits the ability to modify or amend a trust
or the person allowed to amend or modify the trust is unavailable or incapacitated,
the court may be able to order the modification or amendment of the trust.
Courts will allow a trust to be modified if the person who created the
trust ("settlor") and all the beneficiaries of the trust agree
to the modification.
What If the Settlor Is Deceased?
If the settlor is deceased or is unable to grant consent, modifications
to a trust are more complicated. In these circumstances, courts will generally
not approve a modification of a trust if the change would be contrary
to a material purpose of the settlor. However, courts are more likely
to grant modification of a trust under changed circumstances. Our
Longmont probate attorneys will help you evaluate your options if you are considering modifying or
amending a trust. We are readily available to answer any questions you
may have about modifications and amendments.
Give us a call today
to discuss your specific legal needs.