I have a Living Trust prepared in year 2000, and added all bank account and other asset details to the trust. The bank account titles were thus changed from my name to the Living trust title.
Since 2000, I have been gradually pulling out assets from the living trust. Now I have only 1 bank account in the trust.
Now, I wish to revert the bank account title to my name and not to be in the living trust.
The bank is declining this request - they state that once an account is added to trust, it cannot be reverted.
I have sent them a written request notarized, but did not help.
My Living trust at present has no other assets other than this bank account. What is the easiest way out. Should I revoke the Living Trust and send the notification to the bank.