QUESTION
How to dissolve a revocable Family Trust and change it to a living will?
Asked on Aug 24th, 2020 on Estate Planning - Arizona
More details to this question:
My mother is 87 now, so we have research her Revocable Family trust that she set up with my dad back in the early 90s and then amended slightly (though without a notary signature) back in July 2012 after he passed. There is one trustee (the catholic church) that she would like to remove; but then may prefer to dissolve it entirely and change to a Living Will, since she has several CDs, a Money Market and Savings, in addition to the house that are included in the Trust.
1 ANSWER
2 Awards
The terms of the trust and state law determine how it can be dissolved. Hire a local trust and estate planning lawyer to help you do it right.
Answered on Aug 25th, 2020 at 5:47 AM
This is general information. It cannot substitute for a personal consultation with an attorney. It is not intended to be legal advice or imply an attorney-client relationship.