How to Handle Clients with Estate Tax Issues: A Financial Planner’s Guide

Senior Associate Dave Parnall tackles the issue of enforcing support judgments against trusts.

If you practice in parts of the United States where wealth is more concentrated, such as New York, L[..]

California recently enacted its decanting statute. The new law allows an authorized fiduciary to modify the terms of an irrevocable trust without the beneficiaries’ consent or court approval. Nevertheless, the settlor’s intent must be preserved, and no beneficiary can object. Here’s how the law compares to the Uniform Trust Decanting Act (UTDA) and other state decanting statutes.