May 2022 - Leonard Law Estate Planning

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Changing Trust Terms after death: IRREVOCABLE TRUSTS – no longer set in stone.

May 5, 2022

After the death of a person who created a revocable living trust, the trust is referred to as “irrevocable”, meaning that the trust terms cannot be changed. This held true until the adoption of the Colorado Uniform Trust Code (CUTC) effective January 2019. Since...

Changing Trust Terms after death: IRREVOCABLE TRUSTS – no longer set in stone.

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