Planning Issues and Problems with Respect to Decanting Trusts

June 25, 2019 at 8:00am9:30am
Middlesex County Bar Association
Greenberg & Schulman

90 Woodbridge Center Drive

Suite 200

Woodbridge, NJ 07095

Decanting is a powerful tool that can be used to modify an irrevocable trust to address changes in the law governing a trust, changes in beneficiary circumstances, or to make needed changes to trust administrative provisions, such as trustee appointment and succession.  Topics to be addressed in this session will include:

· Reasons for decanting a trust

· How to decant or otherwise modify an irrevocable trust under NJ law

· Select tax considerations of trust decanting