You likely have created revocable or irrevocable trusts, or a few of both, in your estate plan. Ideally, these have been properly drafted with plenty of flexibility so that they can continue to meet ...
In their Wills, Estates and Surrogate's Practice column, Peter C. Valente and Susan P. Witkin, partners at Blank Rome, write that the new provisions of EPTL 10-6.6 bring considerable clarity and a ...
Trustee?s power of appointment vs. fiduciary power Phipps v. Palm Beach Trust Co. (Florida), Estate of Spencer (Iowa), and Weidenmayer v. Johnson (New Jersey) Lack of New York common law Glenn G. Fox ...
Delaware’s Court of Chancery has again emphasized that decanting is a limited tool that must be grounded in actual authority under the governing instrument and statute. In a recent memorandum opinion ...
Trust decanting is gaining popularity as a flexible and practical technique to modify the provisions of an existing irrevocable trust to respond to changing circumstances that a settlor didn’t ...
In the past 15 years, many jurisdictions known for flexible trust laws such as Alaska, Delaware, Nevada, South Dakota and Wyoming have seen an increasing modernization of trust laws. This trend also ...
On Friday, the Oklahoma Bar Association’s House of Delegates will consider a proposal to enact a new statute that would allow trust decanting in Oklahoma. The proposal was drafted by, and is being ...
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