Need to modify an existing irrevocable trust? Decant it | Hoberman & Lesser
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Need to modify an existing irrevocable trust? Decant it | Hoberman & Lesser
“Decanting” an irrevocable trust allows a trustee to use his or her distribution powers to transfer assets from one trust into another with different — often more favorable — terms. Much like decanting wine to separate it from sediment, trust decanting “pours” assets into a new vessel, potentially improving clarity and control. While the original
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