Is a lawyer needed to rewrite a trust?

  • Thread starter Thread starter Gezzwatchiknbutt
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Gezzwatchiknbutt

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My grandparents have a trust established and it has a few trustees. They are wanting to simplify it and name their two daughters as trustees only (50/50 split). My grandfather wants to know if we can use there current trust as a template for a new trust, or is a lawyer really needed? A lawyer wrote up there current trust. I think that if we keep the legal jargon which establishes a trust then modify the part that names the trustees and how the property is to be divided they should be fine. So what is your input? Any one with a legal backgrounds opinion would be really appreciated. Thanks
 
A Trust can be modified without a lawyer, but DO follow the legal razz-ma-tazz on the original and DO get the signatures notarized on the changed pages. Refer to the current pages in the 'change page' and keep the originals in the binder so everyone can refer to the originals from the change page, so nobody can say that "you threw out the originals and just substituted what you want".

GC
 
It would be a good idea to have all the legal advice you could get on this issue but the lawyer will only care about you giving him money
 
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