Estate Law Questions? Ask an Estate Lawyer.
I have a follow up. In the Irrevocable trust, it lists a point that states specifically: "The power to remove and replace and to appoint Trustees as expressed above may be performed without court approval." Does this empower me as the trustee to remove any successor trustees. Also, I have complete power over the irrevocable trust. Is it possible for me to legally transfer all the irrevocable trusts assets to a revocable trust that I would create in the near future? Thanks again, your work is excellent even if it is not in my favor.
Thank you. I understand.