Probably Not. The terms of your trust apply to whatever assets the trust owns. If the assets owned by the trust change, the terms do not change, they just apply to different assets. Your trust is like a box. You can put things in the box and take things out of the box at will without affecting the box itself. However, if you would like to make a specific distribution based on the new assets (usually only done for life insurance policies), we would be happy to help you make that change. For example, if you want the proceeds of a specific account or policy to go to a specific person upon your death, then you need to discuss a Trust Amendment with the Attorney.
