Amending the Irrevocable Trust

The concept behind the irrevocable trust, a popular estate planning tool, is relatively simple; irrevocable trusts cannot be revoked and the assets cannot be returned to the trust’s original creator. Furthermore, most irrevocable trusts do not allow for the amendment of the trust, unless changes Read More …

Same Old Assets, Fresh New Trust – Decanting Trusts

Like wine decanting, where the contents of a bottle are poured from one container to another, decanting a trust means that the contents of a trust are being transferred to a new trust, likely because the second one brings more advantages. Since by definition, an Read More …