A Trust Amendment is a legal document specifically designed for altering an existing living trust. (4) Modifying the terms of the trust, if the modification is not inconsistent with any material purpose of the trust;.Drafting point: The power of a trustee (but not the court) to terminate an uneconomic trust can be waived or modified. An irrevocable trust cannot be modified, amended, or terminated without the permission of the grantor's named beneficiary or beneficiaries. We facilitate equitable and sustainable access to homeownership and quality, affordable rental housing across America. City of Dayton, Ohio. Settlement and title agents, lenders, and counties are saving time and money with our Simplifile eRecording and collaboration services. Rocket Lawyer makes the law affordable and simple. It can vary depending on circumstances. My mother owned no home or vehicle, as she was in a care facility for five years before passing.