By Steven J. Oshins, J.D., AEP (Distinguished) 

Each year, attorney Steve Oshins authors a Decanting State Rankings Chart.  Like last year, Steve has added links to all states’ decanting statutes and made this 5th Annual Trust Decanting State Rankings Chart interactive and there are now currently 26 states.  The states are ranked based on the ease of use and amount of flexibility provided by their statutes.  Many lower-ranked state statutes have flexibilities that higher-ranked state statutes lack and therefore are often better in certain situations.  So the reader should not necessarily conclude that a higher-ranked state is always better.

For more information about this subject, please listen to his presentation entitled, “Everything You Need to Know About Decanting an Irrevocable Trust – 2-Part Series”, co-presented with CPA, Robert S. Keebler.

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