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Revocable Trust

All articles tagged with #revocable trust

legalfinance1 year ago

"Inheritance Surprise: My Father's Accidental Revocable Trust Leaves Everything to My Stepmom"

A daughter is concerned after discovering that her late father's revocable trust, which was intended to include her and her siblings as beneficiaries, is being changed by her stepmother to exclude them. The daughter may need to contest the trust in court, with the burden of proof on her to show that the trust did not reflect her father's intentions and was a mistake. Obtaining a copy of the trust and seeking legal counsel to review its terms is crucial, and potential implications on capital gains and the stepmother's legal entitlement should be considered.