As a general rule, irrevocable trusts cannot be changed, but, notwithstanding that rule, changes to outside circumstances, beneficiaries, and laws, including property and tax laws, or errors in trust drafting, may force a trustee to consider trust modification. Traditional methods such as reformation or construction may offer a remedy, but trust decanting has emerged as one of the best modern solutions. In this course, attorney Joe La Ferlita details the history, philosophical underpinnings and uses of decanting, and the statutory obligations and requirements of New York’s current decanting statute.
very good presentation
Very technical treatment. Lots of substantive law and practical advice. Very well done.
Excellent presentation. Clear and concise.
A very informative program. The lecturer did a good job explaining a fairly complex area.
Superbly organized presentation -- explains complex concepts with great clarity