Trustee changing terms of trust
My mother is the trustee of my father's trust which bequeaths to their 4 children ranch property and mineral interests upon her death. My mother has a life estate. Can she amend my father's trust to give one of her children preferential treatment, i.e. specific ranch land?
Asked on 12/29/05, 10:37 am
2 Answers from Attorneys
James Grissom
Law Office of James P. Grissom
Re: Trustee changing terms of trust
The terms of the trust can not be unilaterally changed by the trustee. If there is some really good reason to change the terms of the trust, she would have to obtain approval by the court and a resulting order.
Answered on 12/29/05, 10:48 am
Peter Bradie
Bradie, Bradie & Bradie
Re: Trustee changing terms of trust
Probably not, although the trust document itself may give her the power to do so.
Answered on 12/29/05, 2:13 pm
