Irrevocable trusts often can be modified. They can be modified under the Uniform Trust Code or a state law decanting. While these modifications may be determinative of the state law consequences, they may not determine federal tax consequences. Read on to learn more.
Consequences of Modifying an Irrevocable Trust
Latest posts by Michael O'Brien (see all)
- Reasons an Estate Plan Could Be Challenged: Part 2 – Undue Influence - January 24, 2020
- Reasons an Estate Plan Could Be Challenged: Part 1 – Formal Requirements - January 17, 2020
- The Questions of Estate Planning, Part 6: Why - January 10, 2020
