INSTANT DOWNLOAD: “2023 Trust Decanting Update”

Irrevocable Trusts Are No Longer Irrevocable!

A 2023 Trust Decanting Update

For the longest time, if a client established an irrevocable trust and wanted to amend it, the answer was usually “no” (hence, the term irrevocable!).  However, with decanting statutes now available in the majority states, a trustee can distribute trust assets into a new irrevocable trust for the benefit of one or more beneficiaries of the current trust.

What this means is an irrevocable trust is no longer irrevocable!

Whether you’re an estate planning attorney, CPA, financial advisor or trust officer, it’s important that you are aware of how decanting works so that you can properly advise clients and provide them with planning solutions.

This is why we’ve brought in the nation’s asset protection and decanting expert, Steve Oshins, J.D., AEP (Distinguished) for a special presentation entitled, “2023 Trust Decanting Update”.

During this 58-minute presentation, Steve will give you a step-by-step tutorial to maximize your opportunities to help your clients decant their irrevocable trusts.  In particular, you will learn about:

• How decanting works, including who has the power to decant
• A step-by-step explanation of many of the differences among the states that currently have decanting statutes

• The planning opportunities to protect trust assets from creditors using the decanting technique
• Ways to decant trusts to save federal and state income taxes

• Why decanting is no longer simply about fixing an error in a trust agreement
• What to do when there’s no decanting statute

• Many popular decanting strategies to enhance (or fix) a trust that every estate planner should know about
• And much, much more!

Your purchase includes an instantly downloadable video and audio recording, along with PDF handout materials.  A PDF transcript is available as an add-on for an additional fee.