Update an Existing Trust With FastWill

Can I update a trust that wasn't created with FastWill?

Yes, you can update most existing trusts through FastWill, even if they were created using a different platform.

How to Update an Existing Trust With FastWill

Update Your Existing Trust:

1. Create an Account: Start by creating an account on FastWill
2. Provide Information: Fill out basic details about yourself and your existing Trust.
3. Confirm Eligibility: The platform will assess if your Trust is eligible for updates through FastWill and gather any necessary information.

What about creating a new Trust?

You can create a Revocable Living Trust through FastWill, even if you already have another Trust. Please note that creating a new Trust does not automatically replace or eliminate your existing Trust. You can have two separate Trusts if you wish.

Can I terminate or replace my old Trust?

Terminating a Revocable Trust: If your old Trust allows it, you can terminate or revoke it to keep only the new Trust. This process involves transferring assets from the old Trust to the new one.

Handling an Irrevocable Trust: If the assets are in an Irrevocable Trust, transferring them can be more complicated and may require additional legal steps. Please note that FastWill does not offer Irrevocable Trusts or updates to Irrevocable Trusts.

How to update a Revocable Trust through FastWill?

You can update or amend the provisions of most Revocable Trusts through FastWill without having to transfer new assets to the Trust, making it easier to modify your existing arrangements.