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
Clients notice Michael Robinson’s unique approach to his estate planning practice the minute they walk through his office doors.
Latest posts by Michael Robinson, Estate Planning Attorney (see all)
- Just When You Thought You Understood the 10-Year Rule, Think Again - May 11, 2022
- Let’s Talk about Trusts…and Taxation - May 4, 2022
- Do You Have to Accept an Inheritance? - April 28, 2022
