Norfolk & Plymouth Estate and Business Planning Council

 

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  • “Decanting: “Revoking” an Irrevocable Trust?”

“Decanting: “Revoking” an Irrevocable Trust?”

  • 01/21/2016
  • 8:30 AM - 11:00 AM (EST)
  • Lantana, 43 Scanlon Drive, Randolph, MA 02368
  • 17

Registration

  • If you have renewed your membership by October 1st as a member of the NPEPC you will have the opportunity to attend one complimentary event this year (Sorry our Annual Meeting is not included in this promotion

Registration is closed

Our speakers:

Andrew D. Rothstein, Private Client and Trust Lawyer at Goulston & Storrs

Mark J. Anderson, Vice President and Senior Wealth Strategist, Wilmington Trust

Click HERE for more Details

Trust decanting – the act of distributing trust assets from an old trust to a new trust with different terms – has recently gained attention as a means for trustees to address changed or unforeseen circumstances that arise in the course of trust administration.   This presentation will:

  • review Morse v. Kraft – the Massachusetts Supreme Judicial Court case addressing a situation where the Court found that the trustee’s authority to distribute trust assets included the authority to distribute (or “decant”) the trust assets to a new trust with different terms;
  • consider the types of trusts that might permit the trustees to decant;
  • discuss the fiduciary, tax, and procedural considerations involved in the decision to decant a trust; and
  • consider other available methods to address changed or unforeseen circumstances that arise in the course of trust administration.


Norfolk & Plymouth Business and Estate Planning Council

2637 E Bellerive Drive, Chandler, AZ 85249

844-37-NPEPC

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The Norfolk & Plymouth Estate and Business Planning Council is a 501(c)6 non-profit organization

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