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The Administration of Quiet Trusts And Decanting Trusts

New boundaries create challenging fiduciary decisions
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In the past 15 years, many jurisdictions known for flexible trust laws such as Alaska, Delaware, Nevada, South Dakota and Wyoming have seen an increasing modernization of trust laws. This trend also seems to be spreading to many states that previously haven’t been considered when thinking of flexible trust laws. Given the advent of directed trusts, decanting, quiet trusts, self-settled asset protection trusts and various other modern trust laws that began developing years ago, we now

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