Massachusetts  |  Wills and Trusts

The answers depends entirely on what the Trust states. If the Trust has not yet terminated, unless the language of the document has some mechanism to allow someone to extend its life, you would need to get authority from either the Probate or Superior Court by a petition for reformation.

Please feel free to call me if you would like to make an appointment to review the trust with you and explain your options.

If you are sole trustee of a nominee real estate trust and sole benficiary of the trust, the trust for real property purposes is ignored. It is in essence the property is owned by you.

If this trust provides for the original owner to retain a life estate and you are the sole contingent beneficiary, then you are not the sole owner of the property.

As to extending the life of the trust, it depends on whether it has expired or not and the terms of the trust.

Please feel free to contact me if you have more questions.