After death when a revocalble trust becomes an irrevocable trust can the real estate in the trust be used to continue to

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Customer: After death when a revocalble trust becomes an irrevocable trust can the real estate in the trust be used to continue to generate income for the trust?
JA: Estate laws vary by state. What state are you in?
Customer: New Mexico
JA: What documents or supporting evidence do you have?
Customer: The Trust itself.
JA: Is there anything else the Lawyer should know before I connect you? Rest assured that they'll be able to help you.
Customer: I'm not sure
Answered by Infolawyer in 5 mins 2 months ago
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Infolawyer
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Infolawyer
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Jessica

Jessica

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Infolawyer, Expert

Hello and welcome to Justanswer! My name is ***** ***** I am a licensed lawyer with over 18 years of experience. I am reviewing your question now and will get back to you momentarily. Thank you for your patience.
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Infolawyer, Expert

Does the trust call for it to pass outright or stay in trust under management?
Customer
I need you to call me, however if I navigate to update my payment info I loose this page.
Customer
lose
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Infolawyer, Expert

Thanks for asking about the phone call option. It’s a great feature and I highly recommend it. If you select that you will get a call shortly from a colleague of mine which provides some additional feedback to what I am providing to you in chat.I asked a question above.
Customer
OK let me update the info
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Infolawyer, Expert

Is there anything else that you would like me to consider before I provide an answer to your question?
Customer
No
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Infolawyer, Expert

Thanks for that information. I am finishing up your answer and will be getting it to you very shortly.
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Infolawyer, Expert

Your answer is ready and you can read it below! After you review it please let me know if the answer is clear and if you have any follow up questions for me. I will be happy to answer them!The assets and income would stay in the trust. The exception is if trust provides otherwise.Often trustee has discretion.I am vague on this because it’s dependent on the trust and not uniform.
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Infolawyer, Expert

Have I answered your question to your satisfaction today or do you need any clarification? Kindly let me know, thank you.

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Infolawyer, Expert

I hope everything works out well! You can reach me more easily in the future with other questions by simply adding me as a favorite expert. You can do that through the “My Questions” page if you choose to rate our interaction. Thank you for choosing Justanswer for your questions! I wish you all the best! Daniel

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