QUESTION
Can an irrevocable trust be changed without the beneficiaries knowledge?
Asked on Sep 19th, 2019 on Trusts and Estates - Oklahoma
More details to this question:
My father changed how much of his estate he was to give me and some other things in his irrevocable trust after my sister died and didn’t tell me before he did it.
1 ANSWER
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Ms. Paddock,
Are you certain that the trust is irrevocable. That would mean, generally speaking, the trust you are referring to was not created by your father.
If in fact this is a revocable trust which is a common estate planning tool, he can change it anytime he wants to and he can disinherit you if he wants to and it is not related to your sister’s death.
If the trust is truly irrevocable, he would be able to change the terms of the trust if he had been given a special or limited power of appointment to change the terms of the trust usually to take effect after he dies.
Good luck.
Answered on Sep 22nd, 2019 at 5:33 PM