QUESTION
I just got married, can I add a settlor to my existing trust?
Asked on Jan 28th, 2015 on Trusts and Estates - California
2 ANSWERS
4 Awards
No, you can't add a settlor. A new trust for the two of you ought to be drafted since it will not only add a new settlor but it will provide language dealing with tax laws pertaining to a married couple that your current trust lacks.
Answered on Jan 30th, 2015 at 10:33 AM
Disclaimer. http://www.los-angeles-lawyers.biz/lawyer-attorney-1177690.html
Taxation Attorney serving Santa Monica, CA
at
Lyster, Inc.
Update Your Profile
Short answer - yes. Longer answer - best to see your lawyer to accomplish this and to learn about marital property rights.
Answered on Jan 28th, 2015 at 12:25 PM