In estate planning, many people have revocable trusts. Often people
switch lawyers and have new trusts drawn up. I have seen different
ways to title trusts:
1. John Smith Revocable Trust dated 1/1/1999, Restaed in it's entirety
2. John Smith Revocable Trust dated 10/5/2010. All successor trusts
with revocation rights are now revoked.
3. JohnSmith Revocable Trust dated 10/5/2010 (and destroy all
The assumption is that none of the previous trusts have been funded.
Since what I am describing is a common occurance (switching lawyers,
having different trusts drawn up), does anyone know how to address the
titling issue ? Thanks very much. Ron
- posted 10 years ago