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What does revoking a trust mean?

A trust can also be dissolved by the settlor or the trustee revoking the trust. For example, the settlor or trustee may decide the trust should be revoked if the running costs are too high, and it is no longer appropriate for the trust to be maintained.

How does a trust become revoked?

(d) when the trust, being revocable, is expressly, revoked. 78. A trust created by will may be revoked at the pleasure of the testator. (c) where the trust is for the payment of the debts of the author of the trust, and hgas not been communicated to the creditors - at the pleasure of the author of the trust.

Can someone remove you from a trust?

Yes, a trustee can be suspended or removed without consent if they have committed a breach of trust or other misconduct. California Probate Code §15642 identifies the grounds for successfully removing a trustee in probate court.

How do I remove a property from a revocable trust in California?

Most clients use revocable trusts, so assuming it is a revocable trust, the trustor (person who set up the trust) has the right to remove the house from the trust. The trustee (probably the same person) can execute a deed conveying the property from the trust to the trustor. That takes the property out of the trust.

How do I change a revocable trust in California?

The only way to amend an irrevocable living trust is to have the consent of each and every beneficiary to the trust. Once they all agree upon the amendment(s) to the trust, they can compel modification of the trust with a petition to the court.

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