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What Happens To My Living Trust If I Move To Another State?

What Happens To My Living Trust If I Move To Another State?

If you’re moving to a new state, you might be concerned about how it affects your Living Trust. Fortunately, your Trust remains valid across state lines, but there are a few important details to consider.

Your Trust Moves with You

Once you establish a Living Trust, it’s valid wherever you go. The terms and conditions you set up for managing and distributing your assets stay in place. This means your Trust continues to operate as intended, no matter which state you reside in.

Check Marital Property Laws

If you’re married and relocate from a community property state to a common law state—or vice versa—review how your new state handles marital property. Community property states treat most marital assets as jointly owned, while common law states may classify assets differently. This change can affect how your Trust is administered and how property is treated. Adjustments might be necessary to align with local laws and ensure your Trust reflects your current situation.

Why You Should Update Your Trust

Even though your Trust remains valid, it’s a good idea to update it to reflect any changes in your circumstances. This could involve revising property details or adjusting beneficiary information to fit new state laws. Keeping your Trust current ensures it continues to protect your assets and fulfill your wishes.

Need Help with Your Trust?

At The Mendez Law Firm, we specialize in Estate Planning and are here to help you navigate these changes. Whether you need to update your Trust after a move or want to ensure everything is set up correctly, we can guide you through the process. Call us at (407) 380-7724 or email us at mail@themendezlawfirm.com. We offer FREE, No Obligation consultations in our office or via Zoom to discuss your Family Estate Plan and explore probate avoidance and asset protection strategies that suit your needs.

If you’re looking for a knowledgeable Florida estate planning attorney in the Greater Orlando Area, we’re ready to assist with all your Estate Planning and Asset Protection needs.