Trust decanting is gaining popularity as a flexible and practical technique to modify the provisions of an existing irrevocable trust to respond to changing circumstances that a settlor didn’t anticipate. In recognition of this trend, many states have enacted decanting statutes, and several states view decanting as an inherent fiduciary power under the common law. However, challenges often arise when fiduciaries and their advisors must navigate an inconsistent patchwork of state
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]