Trust Amendment vs. Restatement: Minor changes and major revisions explained, illustrated with an adult helping a baby climb a tree.

Trust Amendments vs. Restatements

In general, if the changes are minor, such as 1) adding or deleting specific bequests, 2) changing who will serve as successor trustee, or 3) updating a beneficiary’s or the successor trustee’s legal name due to marriage or divorce, then a simple trust amendment will be sufficient. There really aren’t any established written rules as…