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12/09/11, 9:27 am

Legal Question

If one person in a joint trust dies can the other make changes to the trust, or have to make a new trust ? This trust is in Illinois.

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Generally, the surviving trustee can amend the trust; however, each trust can specify such rules of amendment and ...

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Answered By:

Sanford M. Martin

The answer depends entirely on the terms of the joint trust. Usually the answer is yes, but not always. A careful read...

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Answered By:

Jeffrey R. Gottlieb

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