Amendment to Living Trust - Kentucky 2025

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Here are two potential costs to consider: Simple amendments, like changing a beneficiary or trustee, can range between $300 to $500. More substantial changes, such as a complete restatement of the trust to reflect significant alterations, could exceed $2,000.
Trust Updates: Over time, families may need to amend or restate their trust to reflect changes in family dynamics, financial situations, or tax laws. Legal fees reflect an attorneys hourly fees and vary from a few hundred to several thousand dollars depending on the complexity of the revisions.
A revocable trust can be modified while the Grantor is alive. Revising the terms of a trust is known as amending the trust. An amendment is generally appropriate when there are only a few minor changes to make, like rewording a certain paragraph, changing the successor trustee, or modifying beneficiaries.
You can amend it yourself. There should be provisions for doing so in the trust document. Its usually as simple as you write down the changes, and all grantors or trustees sign it.
An amendment is a formal document making a change to one or multiple parts of a Revocable Living Trust. A codicil is a formal document making a change to one or multiple parts of a Last Will and Testament.