Webinar: Decanting and Modifying Irrevocable Trusts and New York’s Decanting Statute
August 30, 2016
http://www.lorman.com/399017?discount_code=I3294133&p=13389
Intended Audience: This live webinar is designed for attorneys, estate planners, accountants, presidents, vice presidents, tax managers, financial planners, trust administrators and lenders.
1:30pm - 2:00pm
100.00
Pricing Note: Price is through website, click on noted link
Contact Info:
Lorman Support Center
Phone: 866-352-9539
Email: customerservice@lorman.com
Joe will teach how New York’s decanting statutes reflect a nationwide trend.
Irrevocable trusts usually cannot be modified by their terms. What can be done when such a trust, which may have been drafted many years ago, no longer suits the current situation? New York, the situs of many older irrevocable trusts, has certain prescribed common law and statutory mechanisms for modifying an irrevocable trust.
Learning Objectives you will gain from the webinar lesson:
– You will be able to identify the potential problems when trying to use the decanting statute (i.e. tax implications) and how to try and solve those problems.
– You will be able to recognize situations where decanting is most appropriate.
– You will be able to discuss the various methods for which you can solve issues relating to irrevocable trusts.
– You will be able to explain what decanting is and whether it could benefit your clients.
To learn more on Joe’s webinar please click here.