Melanie Cuddyre of Leech Tishman Fuscaldo & Lampl. Courtesy photo Irrevocable Trust Reformation—What Can You Do If Your Trust No Longer Fits?
As the interests of generations of beneficiaries vest and trustees better understand the areas where a trust is too restrictive, too flexible, or is lacking provisions that are required to carry out the grantor's intent, it may be determined that the trust no longer fits.
February 06, 2023 at 12:02 PM
9 minute read
When our clothes are too tight or loose, have holes, or need adjusted to best fit, we go see a tailor. A tailor examines the clothing, listens to feedback, and determines what changes can be made. Then, the tailor gets to work altering the clothing to fit our needs.
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