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Learn when and how to update your revocable living trust. Discover common life changes that require trust modifications and the process for making amendments.
After divorce, you'll typically need to remove your ex-spouse as beneficiary and successor trustee, then name new people for these roles. You can update your trust through a formal amendment document that references the specific sections being changed. Most people also update their pour-over will and beneficiary designations on retirement accounts and life insurance policies at the same time. The amendment must be signed and notarized following your state's requirements, just like the original trust document.