QUESTION
Can an elderly person change a living trust?
Asked on May 01st, 2014 on Trusts and Estates - California
More details to this question:
My mentally competent 96 year old mother has a revocable living trust. She is both the grantor and trustee. Can she revoke, change or amend the trust at her age?
1 ANSWER
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If the attorney determines that she is 'of sound mind' then she can change her trust if she decides to do so.
It would be best that she speak with an estate planning attorney so she understands the ramifications of the changes that she wishes to do.
Answered on May 01st, 2014 at 7:45 PM