Understand relevant issues in trust decanting and learn provisions of irrevocable trusts.
As circumstances, laws, and goals change over time, it can become necessary to modify an irrevocable trust. Estate planners and trustees can utilize various options to modify irrevocable trusts, including decanting, non-judicial settlement agreements, trustee modifications, and probate court modifications. This presentation will review and explain how and when to modify irrevocable trusts, the advantages and disadvantages, and the typical circumstances under which irrevocable trusts are modified.
More Program Information
