Trusts & Estates
Fixing and Undoing Broken CRTs – Four Case Studies
What, if anything, can a donor do to change or revoke this irrevocable trust when his or her financial situation has changed? Even if a CRT does not qualify for reformation under certain provisions, the Service has approved scenarios in which the donor was able to alter the structure of the charitable transaction, presumably because the donor’s financial situation had changed.
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Amending an Irrevocable Trust: The Dos and Don'ts of Decanting
Decanting irrevocable trusts is an increasingly popular planning strategy, but beware of the pitfalls, tax implications, and trustee fiduciary duties.Learn More
When the Irrevocable Trust No Longer Fits
Life comes at you fast. Learn 3 ways estate planning attorneys can modify an irrevocable trust and preserve client benefits.Learn More
Summary of 2017 Estate Tax Repeal Legislation to Date
With the estate tax repeal pending, get the info you need about stepped-up basis and incomplete grantor trusts, what it means for estate planning attorneys, and clients.Learn More