WILLS, TRUSTS & ESTATES: PLAIN & SIMPLE – “Decanting” Trusts – Sometimes you can change the terms of an Existing TrustJuly 28, 2021 | Patricia C. Marcin |
Sometimes, the terms of an irrevocable trust (one that cannot be amended or revoked) were fine at the time the trust was created, but subsequent events or circumstances make the terms of the old trust impractical, unwanted, or obsolete. So, what can be done?
Originally published in Lloyd Harbor Life, July 2021. Read the full article here.
- Patricia C. Marcin