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 Courtesy of Parman and Easterday (see all)
- Tax Proposals Could Alter Estate Planning Landscape - June 16, 2021
- Using Disclaimers to Achieve Client Goals: Double Disclaimers – Part 2 - May 19, 2021
- Using Disclaimers to Achieve Client Goals – Part 1 - May 12, 2021
