Restatements to Existing Estate Plans


logo1



request-evaluation-button

How Can We Help You?

I have read the disclaimer.

Email Disclaimer
By sumitting this form you acknowledge that emailing us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established. Your email may be used for firm marketing purposes. If you have any concerns, prior to sending your email, you are advised to contact any member of the law firm of Rowley Chapman & Barney by telephone at (480) 833-1113.

Restatements to Existing Trust Plans

A restatement is actually an amendment to a trust. However, how it differs from a regular amendment is that it basically rewrites or amends the entire existing trust into a new document. What doesn’t change with a restatement is the original name and date of the trust, which means that you will not have to refund those assets already titled into the name of the trust when you prepare a restatement.

A restatement is very common when an existing trust is old, outdated, originated from a different state or there have already been 2-3 previous amendments made.

Once you have restated your trust, you can then prepare an amendment to that restated trust in the future to fix or change certain things that are needed at that time, (i.e. the First Amendment to the Smith Family Trust, Dated January 1, 2000, as Restated on January 2, 2010).
Please contact estate planning attorney, Kenneth Barney at [email protected] or call him at 480-833-1113 for more information about a updating and or restating your existing revocable living trust.

Get answers to your legal questions

Read Disclaimer
I have read the disclaimer.

What Our Clients Say

From the Blog


Do You Really Trust Your Successor Trustee? | AZ Estate Planning Attorney
Do You Really Trust Your Successor Trustee? In your estate planning who you pick as the successor[more]
How Does the Tax Cut Affect Your Estate Plan? | Estate Planning Attorney
The Tax Cut and Jobs Act of 2017: How Does it Affect Your Estate Planning? Late last[more]
Life Insurance Pitfalls | Estate Planning Attorney Ken Barney
Life Insurance Policy Ownership Pitfalls: What Should I be Aware of? Life insurance can play an important[more]