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Cant find the original trust (1 viewing) (1) Guest
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TOPIC: Cant find the original trust
#7086
norton (Moderator)
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Cant find the original trust 7 Years, 3 Months ago Karma: 0  
Is it necessary to locate a trust which was created in 1974, but has been amended and restated 3 times? Or is the only relevant trust the most current version of the amended and restated trust?
 
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#7112
Miami LS (User)
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Re:Cant find the original trust 7 Years, 3 Months ago Karma: 0  
Norton,

The amended and restated trusts supersede all previously executed trust agreements and the most current amended and restated trust is considered the "governing instrument". Its good to have the original, but not fatal if you cant find it. If you want to locate the original, consider contacting the drafting attorney, or his firm to see if they have an originally executed trust on file.
 
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#7119
legalexpert (User)
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Re:Cant find the original trust 7 Years, 3 Months ago Karma: 0  
You should be fine as long as you have the most recent restatement of trust. A restated trust is essentially a complete amendment of a trust agreement which specifies all of the terms of an original trust. If you do need to start over, there are now many legal document preparation services that let you create trusts and wills, set up a business and more without the high cost of attorney fees. You can compare services and prices of the biggest online services at http://www.OrderLegalDocuments.com
 
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Last Edit: 2011/03/04 13:39 By legalexpert. Reason: typo
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