Category Archives: Irrevocable Trust

When an Irrevocable Trust Can (and Cannot) Be Modified Under New York Law

The word “irrevocable” sounds absolute, and many clients assume that once they sign an irrevocable trust instrument, its terms are frozen forever. That is not quite true. New York law gives grantors, trustees, and beneficiaries several legitimate paths to change an irrevocable trust when circumstances shift, even though the trust cannot simply be torn… Read More »