Can I revoke a trust?

Yes, it is possible to revoke a trust. In Washington, a trust must be created in writing in order to be legally enforceable. The person creating the trust – also known as the “grantor” or “settlor” – is the only person who can revoke the trust. To revoke the trust, the grantor must execute a written document known as a “revocation” that specifically states the trust is being revoked. In some cases, the grantor may also need to provide a new written document to replace the trust in order to effectively revoke it. It is important to note that if the trust was funded, i.e. assets were transferred to the trust, then the grantor must take additional steps to transfer the assets back to the grantor’s name in order for the trust to be effectively revoked. In some cases, revocation of the trust may be restricted by the terms of the trust itself. The trust document may include a provision prohibiting the grantor from revoking the trust, and if this is the case, the trust would remain in effect. However, if this provision is included, it is typically for a specific purpose, such as ensuring that the trust assets are protected for a certain amount of time. The best way to revoke a trust is with the assistance of a qualified attorney, as there are a variety of legal requirements and procedures that must be followed in order to properly revoke a trust. A qualified attorney can help ensure that all of the legal requirements are met and that your interests are protected.

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