It used to be an irrevocable trust was really irrevocable. Now 25 states allow you to change the terms of an old trust by a newfangled process called decanting. It’s done without going to court, ...

Decanting is an invaluable tool for estate planners, as it can aid in modernizing a trust that no longer conforms to the intended wishes of the grantor, or contains stale trust provisions which would ...

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 ...

Irrevocable trusts are a common instrument used to reduce estate taxes, shield assets from creditors or lawsuits, or bypass probate. The creator of a trust (the “Settlor”) transfers their ownership ...