When you create an irrevocable trust, usually, the terms are set in stone. But what happens when you need to make adjustments due to significant life, law or personal changes? For example, let’s say ...
Decanting has been a method used by professional organizers long before it was made popular on social media. You’ve probably seen — or possibly envied — aesthetically arranged snack-filled jars on ...
Decanting is one of several techniques that have developed in modern trust law to enable changes to be made to irrevocable trusts whose terms have become inappropriate for current circumstances, ...
Great news! It is totally possible to get in on the decanting trend without buying a heap of plastic containers, or taking time off from work to delicately funnel cinnamon from one tiny jar into ...
In their Wills, Estates and Surrogate's Practice column, Peter C. Valente and Susan P. Witkin, partners at Blank Rome, write that the new provisions of EPTL 10-6.6 bring considerable clarity and a ...