Review your trust before it's too late.

The Pitti Group Wealth Management |

Having a trust reviewed is an essential step in ensuring that your estate plan wishes are carried out and can prevent any potential conflicts between family members after the trust grantor's (creator's) death. If you had a trust created several years ago, a trust review allows for the identification and resolution of any issues, legal changes, ambiguities, or inconsistencies that may exist within the trust themselves, leading to misunderstandings and disagreements that could result in costly and time consuming legal disputes. 

Recently, we had a conversation with someone who found themselves in an unfortunate situation and was looking for guidance. Their spouse, who also happened to be the trust grantor, had passed away and left behind a trust for her with the intention of providing her with a life-long income stream. The trust was created over 20 years ago and had never been professionally reviewed. The trust document had contained several ambiguous provisions, which created confusion among the family members regarding the proper distribution of assets from the trust. Apparently, this confusion ultimately led to a failure of the trust in accomplishing what it was initially designed to do. The dispute eventually led to a legal battle between family members and put a significant strain on multiple family relationships. Had the trust been reviewed and the ambiguities resolved beforehand, the family members could have avoided this unfortunate outcome. Let this serve as a reminder that if you have a trust, a trust review could potentially identify any ambiguities in the trust language and ensure that the trust creator's final wishes are carried out smoothly and without conflict. 


The Pitti Group Wealth Management LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure. For additional information, please visit our website at

The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur.