Real Estate Law
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Hi and welcome to JA. Ray here to help you today.
You will need a new trust and to then transfer any assets to the new trust.If these are houses then by fiduciary deed from trustee of old trust, funds the trustee here transfers them from old trust to new trust.
You would need a second new trust here and then transfer the assets from old one to new one either by deed or transfer of names on the accounts. If the trust has income you would need a new EIN number for the second new trust once you have set it up.
Thanks again for the chance to help today.
You would need a local trust lawyer to prepare the new trust and transfer documents such as deeds if real proeprty in involved here.