I have an irrevocable trust with my brother as my co-trustee. I would like to replace him with my son. Is there a simple way to do that, or should I contact an attorney?
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If the trust was drawn up correctly, the procedure for substituting Trustees should be outlined therein. It is in my own.
Definitely contact an attorney, preferably the original attorney, but any licensed Estate Attorney should be able to assist you accomplishing your goals.
I would strongly recommend contacting a good estate attorney. Here is an article I wrote last year detailing my experience with irrevocable and revocable trusts (https://humbledollar.com/2024/02/details-matter/). I learned that dealing with trusts can be like dealing with a barrel of fish hooks.
If the trust was drawn up correctly, the procedure for substituting Trustees should be outlined therein. It is in my own.
Definitely contact an attorney, preferably the original attorney, but any licensed Estate Attorney should be able to assist you accomplishing your goals.
I would strongly recommend contacting a good estate attorney. Here is an article I wrote last year detailing my experience with irrevocable and revocable trusts (https://humbledollar.com/2024/02/details-matter/). I learned that dealing with trusts can be like dealing with a barrel of fish hooks.