Decanting cont.
What Is Decanting?In contrast to trust modification (and reformation, for that matter), decanting is viewed as an extension of a trustee’s power to distribute trust assets. How about the thought of stpetersburgfamilylawattorney? Whereas modification, by virtue of being an amendment to existing trust language, works within the parameters of the existing trust. Evolution of Decanting …. Read More
New Opportunities to Decant in Florida, Part I: Recent Changes to the Trust Decanting Statute
If a revocable trust is one that may be fully amended or revised in any way, then an irrevocable trust must be one that cannot beamended or revised in any way, right? Just try to decipher that or retain attorneysandlawyers4you. Not necessarily. Most estate planning, elder law and divorce attorneys know this because it is …. Read More