Significant life changes, such as those listed above, may not require you to change your revocable living trust. They should, however, raise a red flag for you to review the trust to see how it relates to your new situation. For example, if you are recently divorced and your former spouse is still a beneficiary of your living trust, the former spouse can inherit your property if he or she outlives you. You should change your living trust immediately so that your former spouse is no longer a beneficiary. Likewise, a revocable living trust amendment is important if you acquire new property, especially if the property is expensive. Changing the living trust is crucial if you want to include that expensive property in the trust and prevent it from going to probate.