Our trust and estate lawyers help clients through the process of making trust modifications to allow more flexibility or to define more clearly the permissible investments of the trust by the trustee. We also help clients terminate trusts prior to the specified termination date, resulting in an immediate distribution of the principal of the trust outright.
Common forms of trust modifications include:
- Appointing a new trustee
- Changes in distributions of income and/or principal of the trust
- Tax savings modifications