Decanting Trusts, Trust Modification, Irrevocable Trust, IRT, Estate Planning, Tax Planning
By Whitney L. Sorrell, JD, CPA, MBA | Contributing Guest Writer, Sorrell Law Firm, PLCDecanting is an increasingly popular way to add flexibility to irrevocable trusts (IRT). It's also a great...
Trusts, Trust Modification, Irrevocable Trust, Decanting Trusts,
by Matthew T. McClintock, JD | Vice President - Education, WealthCounselAs we continue to dig deeper into trust decanting, there are some tax considerations that every estate planner be aware of...
IRT, Irrevocable Trust, Trust Modification,
by Matthew T. McClintock, JD | Vice President of Education, WealthCounselCircumstances change. That's life. Whether it's tax implications brought on by ATRA or a client's needs change, there are options to...
Trust Modification, Irrevocable Trust, Trust, IRT, Trust Protector, Estate Planning,
by Matthew T. McClintock, JD | Vice President, Education - WealthCounselIn my previous article, Part II – Decanting, I addressed the option where a trustee exercises his or her discretion in making...
IRT, Trust Modification, Wills and Trusts, Thought-Leader Series, Irrevocable Trust,
Irrevocable Trust, IRT, Trust Modification, Trust Protector, Decanting Trusts,
by Matthew T. McClintock, JD | Partner, Evergreen Legacy LawDespite its name, it is a myth that Irrevocable Trusts (IRTs) cannot be modified. When circumstances change that impose new adverse consequences —...