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The trust deed lists the trustees. Therefore, to change an individual trustee, you need to amend the trust deed. Most trust deeds permit a change of trustee by way of a trustee resolution and entry into a deed of variation. A trustee resolution is a signed statement of the actions taken by the trustee.
Amending a Living Trust in California Nearly all trust documents can be amended. However, some are easier to amend than others. In the case of a revocable living trust, amendments usually take on the form of additional documents written after the original trust document has been signed and notarized.
It's important to know what you want to change and where in your trust document this information lives (such as the article number you're amending). Fill out the amendment form. Complete the entire form. It's important to be clear and detailed in describing your changes.
A California revocable living trust is a legal document that allows you to transfer ownership of your assets (such as property, investments, and bank accounts) into a trust (a legal document) during your lifetime, and you can change or revoke it at any time as long as you are mentally competent.
Attorney Assistance: Should you choose to seek the help of an attorney to amend an existing living trust, the fees typically range from $300 to $600. The exact cost may vary based on your location and the complexity of both the original trust and the amendment.