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.
- Changing “Irrevocable” Trusts Through Judicial and Nonjudicial Modification - September 15, 2021
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- Roth IRAs Can Be a Great Planning Strategy: Basics - August 18, 2021