If I need to change the executor of the living Tust of my wife and myself, what steps do I need to take to do this?

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If I need to change the executor of the living Tust of my wife and myself, what steps do I need to take to do this?

The present executor is my daughter who has filed for bankruptcy and is unable to carry out this responsibility.

Asked on August 17, 2012 under Estate Planning, Illinois

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

You should consult with an attorney in your area to amend the living trust.  They are generally much easier to amend becuase they require less formality that a Will (Will executiion is often dictated by statutes from back in the days, so to speak).  Good luck.


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