Trusts & Estates
When the Irrevocable Trust No Longer Fits
by Matthew T. McClintock, JD | Partner, Evergreen Legacy Law
Despite its name, it is a myth that Irrevocable Trusts (IRTs) cannot be modified. When circumstances change that impose new adverse consequences — or when new opportunities emerge that can benefit the client and her family — clients and their advisors need solutions to help them restructure their irrevocable trusts for maximum benefit.
Are you prepared to adapt client plans to maximize the benefits they intend to pass on? Learn the ways an irrevocable trust can be adapted to meet dynamic legal, the economic realities, and how to draft modification in this Thought Paper.
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