Is there a way to modify or terminate an Irrevocable Trust?

I’m often asked the question by a client who has an irrevocable living trust, or maybe a loved one had a revocable trust that now became irrevocable upon their death, can we make any changes? Can we modify or even terminate that trust? The answer, of course, is that it depends. It depends, firstly, on the language within the trust agreement. There may be some flexibility in that irrevocable living trust for making some modifications or terminating the trust. If not, we do have some statutes in Florida that may allow for modification or termination. If none of those things apply, then we always have the option of going through a court process to request that a judge allow a modification or termination of a trust.

Law Offices of John Mangan, PA, Palm City-Stuart, FL
CALL: 1 (772) 218-0480

Do you question the need for attorney guidance with so many online resources? Because laws and regulations are complex, and because every person has a lot at risk, more people than ever are seeking professional guidance from an experienced, knowledgeable source. That helps explain the rapid growth of our firm. Whether you happened upon this website by accident or are one of the many referrals we receive from a nearly 15-year collection of satisfied clients, our staff can provide customized estate planning guidance for you. Call us. Our number: 1 (772) 218-0480

Written by: John Mangan, JD, MBA

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