As part of the RPPTL Practice Series, this program will address various techniques used to fix, change, restore, or terminate existing irrevocable trusts. These techniques include judicial and non-judicial modifications, trust division, decanting, change in trust situs and reformation. Also covered will be several transactions involving trusts to accomplish these purposes, including loans between trusts, distributions from trust, and purchase of trust assets. The tax consequences and fiduciary issues of these transactions will be addressed.
12:00 PM - 12:50 PM Modifying, Changing or Terminating Irrevocable Trusts Yoshimi O. Smith, Boca Raton