Decanting

What are “powers of appointment?” What are the different types of powers of appointment? Why are these such powerful tools in estate and trust planning? How, when and why should the be used?

This 90 minute program will review new cases, rulings, news articles and more from the first four months of 2019. Included in the discussion will be an analysis of the proposed Sanders tax bill.

In the case of In re Huber, entered May 17, 2013, the United States Bankruptcy Court for the Western District of Washington (State), on three grounds, held that an Alaska self-settled trust essentially was invalid with respect to claims of…

Much has been written on New York State’s decanting statute since it was amended in August of 2011. Most of these articles have been geared toward tax planners and discuss the tax advantages and potential pitfalls under the amended statute.…

Trusts are, in the United States, one of the most important tools available for income, estate and financial planning. For reasons relating both to Federal and State tax law and the mortality of those who transfer their property into trust,…

By their very nature, irrevocable trusts are generally considered to be irrevocable. They are irrevocable first and foremost because that is what the grantor wanted if  she or he is dead. (If she or he is alive, she or he probably would…