21 Apr Should You Move Your Trust to Another State?

If you’ve recently moved or you’re planning a move, reviewing your estate plan is a wise idea. Whether you’re moving for retirement, a job change, or just a fresh start, relocating to another state raises an important question: Should you move your trust to your new state, too?

Let’s break down what happens to your trust when you move, and when it might make sense to revise it. 

Should You Move Your Trust to Your New State?

If you’ve recently moved to another state, your current trust may still be legally valid. However, that doesn’t always mean it’s working as well as it could. State laws can vary quite a bit when it comes to trust administration, taxes, and even the powers of a trustee. So, while you can keep your old trust, it may be wise to update it depending on your situation.

Not every move requires a full trust overhaul, but it’s always smart to double-check. Here are a few signs it might be time to make a change:

• Your trust refers to outdated state statutes or laws
• You now live in a state with different estate or trust laws
• You’ve bought property in your new state that’s not included in your trust
• You want easier access to legal support from a local attorney who understands your current state’s laws
• You’ve experienced a major life change (like marriage, the birth of a child or grandchild, or starting retirement) since your last update
• Your successor trustee is no longer the best fit

Can a Trustee Live in a Different State?

Yes, a trustee can live in a different state from you or your beneficiaries. However, depending on your situation, this might cause complications. Some states impose additional tax burdens or administrative requirements when an out-of-state trustee is involved. If your trustee now lives across the country, it might be time to reconsider who’s managing your trust. 

Let’s Review Your Trust Together

If you’ve recently moved or are planning a big relocation, let’s take a look at your current trust and see if any changes are needed. At Phelps LaClair, we make estate planning simple, personal, and tailored to your financial goals.

Contact us today to schedule a consultation and keep your plan on track wherever life takes you.

Photo by RDNE Stock Project on Pexels used with permission under the creative commons license for commercial use 4/14/25.