Florida’s Trust code allows courts to modify irrevocable trusts which are unambiguous but which have terms that are considered contradictory or wasteful. Courts can modify trusts if the trust’s purpose no longer exists, if the modification is not inconsistent with the purpose of the trust, or if the current trust is wasteful or impracticable to fulfill under the current terms.
Modifications to irrevocable trusts can be made to preserve the intent of the original trust in changing circumstances. If you have questions about setting up or modifying trusts, contact one of our experienced estate planning attorneys at (941) 906-1231. Our firm represents trustees and beneficiaries of trusts and can advise you on your options and rights with regard to the trust.
