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...
Asset Protection, RLT, IRT, Bloodline Protection,
by WealthCounsel StaffAsset protection planning is a growing concern for many clients—and not just for the ultra-wealthy. Here's why:• Divorce rates in the U.S. over 50%;• Clients concerned about bloodline...
Wealth Docx, RLT, Revocable Living Trust, IRT, Irrevocable Trust,
Decanting Trusts, Irrevocable Trusts, IRT, Estate Planning,
by Matthew T. McClintock, JD | Vice President of Education, WealthCounselIn Part I of this series on Trust Modification, I addressed the first three — the simplest— modification options: Reformation...
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...