If I established my Trust in one state but have moved to another, what do I need to do?
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If I established my Trust in one state but have moved to another, what do I need to do?
Asked on June 30, 2015 under Estate Planning, Florida
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
Trusts (and Wills)are valid in your new state of residence as long as it was executed according to the laws of the state in which you previously resided. Yet, even if your out-of-state Trust is still valid, it is important to have it reviewed. There may have been changes in the law and/or life circumstances that might make updating necessary. The fact is that, having these documents reviewed periodically is a good idea, even if you haven't moved.
At this point, consulting directly with an attorney as to all of this is the best way to protect your rights and ensure a smooth administration of your estate.
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